Notice

Contracts for Difference (CfD) Allocation Round 6: statutory notices

Final statutory notices required to launch Contracts for Difference Allocation Round 6.

Documents

Details

Budget Revision Notice

The budget for CfD Allocation Round 6 (AR6) has been revised. The final budget for AR6 is 拢1.555 billion, which is an overall increase of 拢530 million. This is an increase of 拢65 million in pot 1, 拢165 million in pot 2 and 拢300 million in pot 3.

Budget Notice and accompanying note

The Budget Notice sets out the parameters that apply to CfD Allocation Round 6. The budget available in the AR6 auction will be:

  • 拢120 million for Pot 1 (established technologies)
  • 拢105 million for Pot 2 (emerging technologies), inclusive of a minimum ringfence of 拢10 million for Tidal Stream projects
  • 拢800 million for Pot 3 (offshore wind)

This results in a total budget of 拢1,025 million.

  • Pot 1 delivery years are 2026 to 2027 and 2027 to 2028
  • Pot 2 delivery years are 2027 to 2028 and 2028 to 2029
  • Pot 3 delivery years are 2027 to 2028 and 2028 to 2029

The accompanying note provides a more detailed explanation of the information in the Budget Notice.

Allocation Round Notice

The Allocation Round Notice confirms the key dates for聽CfD聽Allocation Round 6, including a commencement date for the round of 27 March 2024, a closing date for applications of 19 April 2024 and the delivery years which apply to the round.

Framework Notice

This notice states which Allocation Framework is applicable to聽CfD聽Allocation Round 6.

Standard Terms Notice

This notice sets out certain information that must be used by LCCC to complete the appropriate Standard Terms (CfD聽contract), which is individualised for each successful project in CfD Allocation Round 6.

Counterparty Costs Notice

CfD聽applicants may apply to the聽CfD聽Counterparty (LCCC) to request 鈥榤inor and necessary鈥� modifications to the聽CfD聽contract. This notice sets out the threshold above which the costs likely to be incurred by聽LCCC聽as a result of the modification would not be considered 鈥榤inor鈥�. We have set this threshold at 拢20,000 for聽CfD聽Allocation Round 6.

Updates to this page

Published 6 March 2024
Last updated 31 July 2024 show all updates
  1. The final budget for CfD Allocation Round 6 has been published.

  2. First published.

Sign up for emails or print this page