CfD Stakeholder Bulletin — 13 May 2022
Summary
DESNZ issued routine administrative notices for CfD Allocation Round 4, including a progress update and a webinar announcement on Initial Conditions Precedent scheduled for 7 July 2022. The bulletin provides no substantive policy or procedural changes to the CfD scheme.
Why it matters
Administrative maintenance of an existing subsidy scheme. The bulletin demonstrates the bureaucratic overhead required to manage queue-based allocation rather than price-based mechanisms.
Key facts
- •Webinar scheduled for 7 July 2022
- •Covers Initial Conditions Precedent process
- •No policy changes announced
Areas affected
Related programmes
Memo
Contracts for Difference: Stakeholder Bulletin 13 May 2022 Allocation Round 4 update An update on the progress of the round has been published on the Allocation Round 4 (AR4) microsite. • Read the update Webinar: Initial Conditions Precedent • Date: Thursday 7 July 2022, 10.00am–11.00am Join the Low Carbon Contracts Company (LCCC) for this webinar on the Initial Conditions Precedent (ICP) process in AR4. LCCC is the Contracts for Difference (CfD) counterparty and one of the four CfD delivery partners. In this webinar, LCCC will provide guidance on the ICP, the first contractual requirements after signing a CfD. This webinar is therefore particularly relevant for AR4 applicants. The webinar will take attendees through the three components of the process – Legal Opinion, Know Your Customer and Facility Description – and provide an opportunity to ask questions. • Register your place here Any enquiries about this webinar should be sent to LCCC at enquiries@cfdallocationround.uk. UK General Data Protection Regulation This stakeholder bulletin is being circulated to people who have opted in to the Contracts for Difference stakeholder contact list. We issue these stakeholder bulletins as a convenience to interested parties, however it is not in any way essential to be on this list to participate in major consultations or allocation rounds. Purpose & scope of this list: This list is managed by the Department for Business, Energy and Industrial Strategy (BEIS) (and any successor departments) and will be used to inform interested parties of policy developments relevant to the Contracts for Difference scheme for renewable energy projects (and any direct successor schemes). It is not used for any other purposes. To be removed from the circulation list: Please send a blank e-mail with the subject ‘opt out’ (if the receiving e-mail you use is different to the one you send the e-mail from, include that e-mail address in the subject of the e-mail) to BEISContractsForDifference@beis.gov.uk. If you have received this indirectly and want to be added to this list: Send a blank e-mail with the subject line ‘opt in’ to BEISContractsForDifference@beis.gov.uk. You can withdraw your consent to opt in at any time. We will normally keep your address on this list until you: a) withdraw your consent to opt in, b) the scheme closes without any successor, c) we receive reports your email address is no longer operational, or d) you do not respond to a periodic request from us to reconfirm your desire to opt in.