CfD Stakeholder Bulletin — 3 March 2020
Summary
BEIS opened a twelve-week consultation on proposed amendments to the CfD scheme ahead of Allocation Round 4, scheduled to open in 2021. The consultation runs until 22 May 2020. AR4 will include auctions for both Pot 1 (established technologies like onshore wind and solar) and Pot 2 (emerging technologies like offshore wind and floating solar) technologies.
Why it matters
The consultation signals continued government support for the CfD mechanism as the primary vehicle for renewable deployment. As such, any amendments to strike price methodology, indexation, or eligibility criteria will determine the cost of clean energy deployment through the 2020s.
Key facts
- •Consultation closes 22 May 2020
- •AR4 allocation round planned to open in 2021
- •Both Pot 1 and Pot 2 technologies included
- •Twelve-week consultation period
Timeline
Areas affected
Related programmes
Memo
Contracts for Difference: Stakeholder Bulletin 03 March 2020 Publication of CfD AR4 Consultation The government has published the Contracts for Difference for Low Carbon Electricity Generation: Consultation on proposed amendments to the scheme 2020 setting out proposed changes ahead of the next allocation round which is planned to open in 2021. The consultation will run for twelve weeks, closing on the 22 May 2020. The government is seeking views on changes to the scheme, signalling continued commitment to strengthening the renewable energy sector and increasing the proportion of clean electricity powering Great Britain in order to meet its net zero ambitions. Alongside the consultation, government announced the next Contracts for Difference allocation round will include auctions for both Pot 1 technologies and Pot 2 technologies. As ever, we welcome responses on any parts of this consultation. Respond online at: https://beisgovuk.citizenspace.com/clean-electricity/cfd-proposed-amendments-2020/ or email to: BEISContractsforDifference@beis.gov.uk Write to: The CfD Team, Clean Power Strategy & Deployment Directorate, BEIS, 3rd Floor Spur, 1 Victoria Street, London, SW1H 0ET 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 Business, Energy and Industrial Strategy (BEIS) (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 . 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.