Update on CfDs
BEIS has additionally proposed to:
-
- Extend the delivery years for the CfD scheme until 31 March 2030
- Exclude new coal-to-biomass conversions from future auctions
- Strengthen the delivery incentives
- Review the supply chain policy to ensure local economies are supported
- Update the community benefits guidance for onshore wind to ensure commitments are honoured for the full life of a project and create opportunities for local communities to invest
- Address barriers to the co-location of storage with CfD projects
- Link the decommissioning regime for renewables into the CfD scheme
- Make a series of technical changes, including amending the formula for calculating the budgetary impact of contracts and introducing flexibility over the application of budgets and capacity caps
- Maintain the existing cap on phased offshore wind projects at 1.5GW
- https://www.edie.net/news/11/Breaking–Government-announces-major-overhaul-to-UK-s-onshore-wind-subsidies/
0 Comments