Contracts for Difference (CfD) Allocation Round 3: Draft budget notice
This draft notice sets out information on budget, strike prices, delivery years, a capacity cap, and details of any minima / maxima for the third CfD allocation round.
Documents
Details
This draft budget notice sets out information on:
- draft budget
- draft strike prices
- delivery years
- a capacity cap
- whether any minima / maxima apply to the third CfD allocation round
- any other relevant details
Eligible projects will compete for an annual budget of 拢60 million in the third CfD allocation round for the delivery years 2023 to 2024 and 2024 to 2025. The allocation round will be subject to a total capacity cap of 6GW, subject to State aid approval.
The draft budget notice should be read in conjunction with the accompanying note. A final budget notice will be issued no later than 10 working days prior to the commencement of the allocation round.