CfD Stakeholder Bulletin — 29 November 2021
Summary
DESNZ confirms £285 million budget for CfD Allocation Round 4, launching 13 December 2021. The department published final statutory notices, allocation framework, contract documents and consultation responses. The round allocates long-term revenue support contracts for renewable generation projects.
Why it matters
The budget allocation caps total subsidy commitment for this round, determining how many projects can secure 15-year revenue guarantees. As such, this sets the pace of renewable deployment — projects that miss this round face delays until AR5 with no guaranteed timeline.
Key facts
- •£285 million budget for AR4
- •Launch date: 13 December 2021
- •Final allocation framework and contract documents published
Timeline
Areas affected
Related programmes
Memo
Contracts for Difference: Stakeholder Bulletin 29 November 2021 Allocation Round 4 budget confirmed The government has confirmed that a budget of £285 million has been set for the fourth allocation round of the Contracts for Difference (CfD) scheme. Details of the budget are set out in a final Budget Notice, which the government has published alongside several other statutory notices required to launch the fourth allocation round (AR4) on 13 December 2021. In addition to the statutory notices, the government has also published: • the final AR4 Allocation Framework, setting out the rules and eligibility requirements for the round • its response to the recent consultation on further changes to the CfD contract • the final contract documents for AR4 following the outcome of the consultation For further information and to access all the publications, visit the AR4 microsite. 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.