House of Commons · Written Ministerial Statement
Contracts for Difference (Miscellaneous Amendments) Regulations 2024
28 October 2024 · Department for Energy Security and Net Zero
Proposed by Michael Shanks Lab Rutherglen
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The Contracts for Difference (Miscellaneous Amendments) Regulations 2024 are proposed to amend the CfD scheme to support new low-carbon electricity generation projects.
- Draft regulations will extend phasing options to floating offshore wind projects.
- Repowered onshore wind projects will be enabled to apply for a CfD under these amendments.
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.