Contracts for Difference (CfD) Allocation Round 3: Draft budget notice
This draft notice sets out information on budget, strike prices, delivery years, a capacity cap, and details of any minima / maxima for the third CfD allocation round.
Documents
Details
This draft budget notice sets out information on:
- draft budget
- draft strike prices
- delivery years
- a capacity cap
- whether any minima / maxima apply to the third CfD allocation round
- any other relevant details
Eligible projects will compete for an annual budget of £60 million in the third CfD allocation round for the delivery years 2023 to 2024 and 2024 to 2025. The allocation round will be subject to a total capacity cap of 6GW, subject to State aid approval.
The draft budget notice should be read in conjunction with the accompanying note. A final budget notice will be issued no later than 10 working days prior to the commencement of the allocation round.