CfD Stakeholder Bulletin — 29 May 2024

Contracts for Difference: Stakeholder Bulletin 29 May 2024 AR6: General Election and round update On 22 May 2024, the Prime Minister announced that a General Election will be held on 4 July 2024. The election period will coincide with AR6, which is currently in progress and is expected to conclude at some point during the summer depending on the timeline scenario to which the round runs. AR6 is currently running to timeline scenario 3 after one or more non-qualifying applicants requested National Grid (NG) ESO to review its qualification decision. NG ESO will review the relevant applications by 11 June 2024. NG ESO informed applicants whether they had qualified to participate in the round on 20 May 2024. Between 21-28 May 2024, any non-qualifying applicants were able to request that NG ESO reviewed its decision. As stated above, one or more such requests has been received, and therefore, the round is currently proceeding according to timeline scenario 3. All potential timeline scenarios for the round are available here. Please note that scenarios 1 and 2 are no longer applicable. During the election period, essential business, including routine business necessary to ensure the continued smooth functioning of government and public services, must be allowed to continue. This can include a CfD allocation round that is already open, although significant decisions and announcements about the round may be subject to the latest Cabinet Office advice on the election period. Following the Prime Minister’s announcement, Cabinet Office has issued election guidance. Where there are any implications for the published AR6 timeline, these will be communicated to stakeholders via the CfD microsite and this bulletin. LCCC Webinar for AR6 Bidders: Guidance on Initial Conditions Precedent On Thursday 27 June the Low Carbon Contracts Company (LCCC) will be holding a webinar on Initial Conditions Precedent (ICP). This will provide attendees guidance on requirements and processes surrounding the ICP, the first contractual milestone after signing a CfD. Further information can be found here. General Data Protection Regulation This stakeholder bulletin is being circulated to people who have opted in to the Contract for Difference stakeholder contact list. We issue these stakeholder bulletins as a convenience to interested parties, however it is not in any way essential to be on this list to participate in major consultations or allocation rounds. Purpose & scope of this list: This list is managed by the Department for Energy Security and Net Zero (and any successor departments) and will be used to inform interested parties of policy developments relevant to the Contract for Difference scheme for renewable energy projects (and any direct successor schemes). It is not used for any other purposes. To be removed from the circulation list: Please send a blank e-mail with the subject ‘opt out’ (if the receiving e-mail you use is different to the one you send the e-mail from, include that e-mail address in the subject of the e-mail) to ContractsForDifference@energysecurity.gov.uk. If you have received this indirectly and want to be added to this list: Send a blank e-mail with the subject line ‘opt in’ to ContractsforDifference@energysecurity.gov.uk. You can withdraw your consent to opt in at any time. We will normally keep your address on this list until you: a) withdraw your consent to opt in, b) the scheme closes without any successor, c) we receive reports your email address is no longer operational, or d) you do not respond to a periodic request from us to reconfirm your desire to opt in.