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Issue 439 | CfD Budget

Issue 439 | CfD Budget

Tom Edwards Tom Edwards Senior Consultant

DECCContract for Difference–– Budget notice for CfD allocation round 1 and allocation framework revisions 2 October 2014 On 2 October 2014 DECC published its budget notice for the first Contract for Difference (CfD) allocation round (see table 1 below). The government has allocated an extra £15mn for projects commissioning from 2016-17 to the established auction pot announced on 24 July (see Alert 24/07/14). An extra £80mn has been released for the less-established auction pot for projects commissioning from 2017-18. The government also signalled its intention to release a further £50mn for allocation in the October 2015 auction round for projects commissioning from 2016-17. It ...

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