Guidance

Contracts for Difference (CfD) Allocation Round 6: administrative strike prices methodology note

This sets out the methodology used to determine the administrative strike prices for the sixth allocation round (AR6) of the Contracts for Difference scheme.

• From: Department for Energy Security and Net Zero
• Published: 16 November 2023

Documents

Methodology used to set Administrative Strike Prices for CfD Allocation Round 6

PDF, 690 KB, 25 pages

Details

This document explains the methodology used to determine the administrative strike prices (ASPs) for the Contracts for Difference (CfD) Allocation Round 6 (AR6).

The auction will be held on a pay-as-clear basis, subject to no project receiving a higher strike price than its technology-specific ASP. The ASPs therefore act as a cap on the level of support available to each technology.

Published 16 November 2023