Auction Parameters

The Budget Notices set out the key auction parameters for the Allocation Round, namely the available spend on applicants for the round and the parameters against which applicant bids will be assessed. BEIS publishes a Draft Budget Notice in advance of a Final Budget Notice.

Administrative Strike Price, Maxima, and Minima parameter values can be found in the "Administrative Strike Price, Maxima, and Minima" dataset: https://www.lowcarboncontracts.uk/data-portal/dataset/administrative-strike-prices

This dataset takes the Budget and Capacity Cap of each Technology Group per year from these publications:-

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/336101/draft_cfd_budget_notice.pdf https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/360129/CFD_Budget_Notice.pdf https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/398665/150127_Budget_Revision_Notice_for_CfD_Round_One.pdf https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/598824/Budget_Notice.pdf https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/798885/Final_Budget_Notice_AR3.pdf

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1016774/cfd-ar4-draft-budget-notice.pdf

Data and Resources

Additional Info

Field	Value
Last Updated	March 13, 2024, 10:04 (UTC)
Created	October 17, 2023, 16:00 (UTC)
Auction	The Allocation Round of the data
Budget £m	The overall Budget in Millions at 2011-2012 prices. The Overall Budget means an amount set out in the budget notice, which is the total sum of money potentially payable by the CfD counterparty under CfDs to eligible generators in a delivery year.
Capacity Cap (MW)	The capacity cap is an amount set out in a budget notice, which is the total capacity of electricity which may be generated by generating stations subject to a CfD in a delivery year.
Delivery Year	The Delivery Year is the 12 month periods commencing on 1st April and each anniversary of that date and ending with the 12 month period ending on 31st March.
Publication Date	The date of publication
Technology Groups	Eligible generation technologies for Allocation Round auction participation. Technologies are grouped into Pots on the basis industry maturity.
Version	Whether the data is from the Draft/Final/Revised publication