CfD Stakeholder Bulletin — 27 March 2024
Summary
The sixth CfD allocation round opened on 27 March 2024. The notice provides only administrative details about the round opening and mailing list management. No specific auction parameters, budget figures, or technology-specific changes are disclosed.
Why it matters
The opening confirms another funding round for renewable projects, maintaining the subsidy mechanism that transfers costs from developers to consumers via bills. As such, this perpetuates the current approach of socialising renewable investment risk rather than requiring projects to compete on merchant terms.
Key facts
- •Allocation Round 6 opened 27 March 2024
Timeline
Areas affected
Related programmes
Memo
Contracts for Difference: Stakeholder Bulletin 27 March 2024 Allocation Round 6 opens The sixth allocation round of the Contracts for Difference (CfD) scheme has opened today. The round aims to bring forward new, clean energy and deliver value for money for households, continuing the success of the CfD scheme. • Visit the CfD microsite for further information. General Data Protection Regulation This stakeholder bulletin is being circulated to people who have opted in to the Contract 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 Energy Security and Net Zero (and any successor departments) and will be used to inform interested parties of policy developments relevant to the Contract 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 ContractsForDifference@energysecurity.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 ContractsForDifference@energysecurity.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.