On Thursday 16 November, DESNZ published a consultation on its proposal to introduce a Contracts for Difference (CfD) Sustainable Industry Reward (SIR) from Allocation Round 7 (AR7) onwards. It noted that following feedback to its April 2023 call for evidence on the potential introduction of non-price factors into the CfD auction, it has decided to put forward more refined ideas for consultation and that going forward non-price factors will be referred to as the CfD SIR.
On Thursday 16 November, DESNZ announced that the maximum strike price has been increased by 66% for offshore wind projects, from £44/MWh to £73/MWh, and by 52% for floating offshore wind projects, from £116/MWh to £176/MWh ahead of Allocation Round 6 (AR6) of the Contracts for Difference (CfD) scheme next year.
On Monday 16 October, DESNZ published its Evaluation of the Capacity Market scheme final report, in which it outlines a process and impact evaluation of the Capacity Market scheme.
On Friday 29 September, DESNZ published a consultation seeking views on whether any new generating technologies, which could participate in future Capacity Market auctions, have emerged since the last consultation in 2022.
On Friday 4 August, Ofgem and DESNZ published a joint consultation on the Future System Operator (FSO) Second Policy Consultation and Update.
On Friday 4 August, DESNZ published the independent recommendations from the UK’s Electricity Networks Commissioner, Nick Winser, which outline how to accelerate the deployment of electricity transmission infrastructure.