Notice

Contracts for Difference (CfD) Allocation Round 3: statutory notices

Final statutory notices required to launch Contracts for Difference Allocation Round 3.

Documents

Cylch Dyrannu CfD 3: Hysbysiad Cyllideb

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Cylch Dyrannu CfD 3: Hysbysiad Cyllideb – nodyn i gyd-fynd ag ef

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Cylch Dyrannu CfD 3: Hysbysiad Cylch Dyrannu

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Cylch Dyrannu CfD 3: Hysbysiad Fframwaith

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Cylch Dyrannu CfD 3: Hysbysiad Telerau Safonol

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Cylch Dyrannu CfD 3: Hysbysiad Costau’r Gwrthbarti

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Details

Budget Notice and accompanying note

The Budget Notice sets out the parameters that apply to CfD Allocation Round 3. Eligible projects will compete for an overall budget of £65 million for delivery years 2023/2024 and 2024/2025. The allocation round will be subject to a total capacity cap of 6GW, subject to State aid approval. This notice was published in draft form on 17 December 2018 and, with the exception of the overall budget, the parameters remain the same.

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 CfD Allocation Round 3, including a commencement date for the round of 29 May 2019.

Framework Notice

This notice states which Allocation Framework is applicable to CfD Allocation Round 3.

Standard Terms Notice

This notice sets out the figures that must be used by the Low Carbon Contracts Company (LCCC) to complete the appropriate Standard Terms (CfD contract), which is individualised for each successful project.

Counterparty Costs Notice

CfD applicants may apply to the CfD Counterparty (LCCC) to request ‘minor and necessary’ modifications to the CfD contract. This notice sets out the threshold above which the costs likely to be incurred by LCCC as a result of the modification would not be considered ‘minor’. We have set this threshold at £18,000 for CfD Allocation Round 3.

All the statutory notices for Allocation Round 3 have also been translated into Welsh.

Published 1 May 2019