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Energy Department DESNZ expects CfD auction to wrap up during the summer UK Energy Department DESNZ expects Allocation Round 6 to run as normal and conclude during the summer, after Prime Minister Rishi Sunak announced a 4 July General Election. The department said today the Contracts for Difference auction is “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”. DESNZ added that “essential business” including routine business necessary to “ensure the continued smooth functioning of government and public services must be allowed to continue” during an election. “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,” it added in a CfD update, the first since the national poll was called. “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.” The results of the round are due no earlier than 19 July, the third of five scenarios for the auction timeline, after non-qualifying applicants requested a review of the decision not to allow them bid by National Grid ESO. |
