Guidance

Contracts for Difference (CfD) Allocation Round 5: administrative strike prices methodology note

This sets out the methodology used to determine the administrative strike prices for the fifth allocation round (AR5) of the Contracts for Difference scheme.

From:
Department for Energy Security and Net Zero and Department for Business, Energy & Industrial Strategy
Published
14 December 2022

Documents

Contracts for Difference: Methodology used to set Administrative Strike Prices for CfD Allocation Round 5

PDF, 331 KB, 17 pages

Contracts for Difference: Methodology used to set Administrative Strike Prices for CfD Allocation Round 5

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Details

This document explains the methodology used to determine the administrative strike prices (ASPs) for the Contracts for Difference (CfD) Allocation Round 5 (AR5), which is open to pot 1 (established technologies) and pot 2 (less established) technologies.

The auction will be held on a pay-as-clear basis, subject to no project receiving a higher strike price than its technology-specific ASP. The ASPs therefore act as a cap on the level of support available to each technology.

Published 14 December 2022

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