To ask the Secretary of State for Energy Security and Net Zero, if she will make an assessment of the effectiveness of steps taken by (a) her Department and (b) the Treasury on ensuring that the Contracts for Difference Allocation Round 6 delivers more offshore wind capacity than Allocation Round 5.
Answered on
21 May 2024
On 6 March 2024, the Government confirmed over £1 billion of budget will be available in the Contracts for Difference Allocation Round 6 auction, including £800 million allocated to offshore wind. This followed the announcement in November that the administrative strike prices for fixed and floating offshore wind had been increased by 66% and over 5 0% respectively, since the previous allocation round. This budget announcement makes this the largest round yet, with four times more budget available to offshore wind than in the previous round.