CfD Stakeholder Bulletin — 11 October 2019
Summary
BEIS corrected minor calculation errors in CfD Allocation Round 3 budget impact tables, underestimating negative impacts for 2025/26 and 2026/27. The department also corrected price base years from 2011/12 to 2012 in tables B, C, and D. These revisions do not affect any other published results from the allocation round.
Why it matters
Administrative correction with no operational impact — the projects selected and their strike prices remain unchanged, as such this represents housekeeping rather than policy adjustment.
Key facts
- •Calculation errors in budget impact tables for 2025/26 and 2026/27
- •Price base corrected from 2011/12 to 2012 prices
- •No impact on project selections or strike prices
Timeline
Areas affected
Related programmes
Memo
Contracts for Difference: Stakeholder Bulletin 11 October 2019 Allocation Round 3 Results Table – Minor correction to Table B Today, the Department for Business, Energy & Industry Strategy has published a correction to Table B (Estimated notional Monetary Budget impact) in the Contracts for Difference Allocation Round 3: Results document. This is due to a minor administrative error in the calculations where the figures for 2025/26 and 2026/27 underestimated the negative notional budgetary impact. In addition prices for tables B, C and D were previously described as 2011/12 prices – this has now been corrected to say 2012 prices. These revisons have no impact on any of the rest of the published results figures. The revised figures have been published here on gov.uk. 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 Business, Energy and Industrial Strategy (BEIS) (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 . 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 BEISContractsForDifference@beis.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.