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Manufacturing boost for North East jobs in offshore wind production

Manufacturing boost for North East jobs in offshore wind production
thenorthernecho.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenorthernecho.co.uk Daily Mail and Mail on Sunday newspapers.

Huge green jobs windfall for North-East and Yorkshire

Huge green jobs windfall for North-East and Yorkshire
miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.

Huge green jobs windfall for the North-East and Yorkshire

Huge green jobs windfall for the North-East and Yorkshire
gov.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gov.uk Daily Mail and Mail on Sunday newspapers.

Fourth round CfD auction set to open in December 2021 BEIS confirms

Published: 10 May 2021, 13:04 By: The next Contracts for Difference auction will open to applications in December 2021. Together with the government’s response to the Supply Chain Plans and the CfD contract consultation, the Department for Business, Energy and Industrial Strategy (BEIS) confirmed on Friday (7 May 2021) that the fourth round of the subsidy scheme will begin at the end of the year. It hopes that this announcement will “provide further clarity to prospective participants”, which significantly includes solar PV projects. This follows BEIS confirming in November 2020 that the technology – which had been left out of the two previous auctions – will fall into Pot One in the upcoming AR4, along with onshore wind.

AR4: what you need to know about the next CfD round

BEIS ) published its response to the consultation on the proposed amendments for allocation round four ( AR4 ) Contracts for Difference ( Response ). The Response confirms most of the amendments proposed by BEIS in its spring consultation but makes some new adjustments as to how future CfD rounds will operate. Additionally, a further consultation regarding changes to the Supply Chain Plans ( SCP ) was published, as well as an impact assessment of the costs and benefits of the amendments for AR4. Industry should note the headline amendments to AR4, in particular: the new pots , changes relating to negative pricing, capacity caps and the amended SCP policy. This bulletin explores each of these amendments in detail.

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