Notice

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.

• From: Department for Energy Security and Net Zero and Department for Business, Energy & Industrial Strategy
• Published: 20 November 2018

Documents

Contracts for Difference (CfD): Draft Budget Notice for the third allocation round, 2019

PDF, 167 KB, 4 pages

Draft Accompanying Note to the Draft Budget Notice for the third CfD Allocation Round

PDF, 128 KB, 3 pages

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.

Published 20 November 2018