Banks Renewables has withdrawn its Judicial Review case against the UK government’s third Contracts for Difference allocation round, according to BEIS.

A judgment hearing took place this morning at 10am at the Administrative Court in London.

A spokesman for BEIS said: “We are pleased this case has been withdrawn and we look forward to the fourth round opening next year.”

He added: “The Contracts for Difference scheme has secured clean energy for 12 million homes and is an essential part of our plans to eliminate the UK’s contribution to climate change by 2050.”

It is understood BEIS and Banks settled the case before Justice Garnham read his verdict.

The government will pay Banks’ costs as part of the settlement agreement, according to Bloomberg.

Sources at Renewable UK expressed relief at the judgment. “Its good news for everyone,” he said.

Equinor said: “Dogger Bank Wind Farm welcomes the clarity brought by the resolution of the judicial review. We continue to progress with development and construction activities to deliver the world’s largest offshore wind farm.”

Banks has not responded to requests for a comment.

Last week a hearing saw Justice Garnham give the green light for the Judicial Review to take place.

Banks had argued the UK should be held to “strict and limited” terms of a 2014 European state aid decision for the auction process.

The two-pot structure must be respected to maintain fair competition and onshore wind has an EU right not to be discriminated against, it argued.

Banks said it was seeking to participate in the auction.

Lawyers for BEIS said the UK has the right under the state aid approval to run separate bidding processes at different times and it was “perfectly lawful and permissible” to grant aid to one pot without making an allocation to another and the guidelines for the auctions allowed for technology-specific tenders.

https://renews.biz/59122/banks-withdraws-cfd3-judicial-review/


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