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Contracts for Difference (Miscellaneous Amendments) Regulations 2024
28 October 2024
Type
Written Ministerial Statement
Department
Department for Energy Security and Net Zero
TAGS
At a Glance
Issue Summary
The statement addresses amendments to the Contract for Difference (CfD) scheme to support new low-carbon electricity generation projects.
Action Requested
Draft regulations are being laid to implement two amendments to the CfD scheme, extending phasing options to floating offshore wind and enabling repowered onshore wind projects to apply for a CfD. These changes aim to drive progress towards the government's clean power target and support emerging renewable technologies.
Key Facts
- The latest allocation round (AR6) secured 131 projects with 9.6 GW of renewable electricity capacity.
- Floating offshore wind phasing will benefit this emerging sector, allowing projects up to 1,500MW to be built in stages.
- Repowered onshore wind projects meeting certain criteria can now apply for a CfD.
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