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<p>The Contracts for Difference (CfD) scheme is the Government’s main mechanism for
supporting new low-carbon electricity generation projects in Great Britain. The fourth
allocation round of the CfD scheme (AR4) opened on 13 December 2021 and aims to secure
more low-carbon electricity capacity than the previous three rounds combined. AR4
is open to an expanded number of renewable technologies, including offshore wind,
onshore wind, solar, tidal stream and floating offshore wind. In February, the Government
also announced that the next CfD allocation round will be brought forward to March
2023, and future rounds will run annually, rather than every two years, thereafter.
This will support renewable electricity producers and further drive deployment of
renewable power.</p><p>In 2019 BEIS launched the Storage at Scale competition, which
funded demonstration facilities for two innovative energy storage facilities. In 2021,
BEIS launched a further programme, The Longer Duration Energy Storage competition.
In February 2022, BEIS announced funding for 24 projects under this competition to
perform engineering design or feasibility studies of their technologies. The Government
is reviewing the responses to the Call for Evidence on large-scale, long-duration
electricity storage, alongside analysis the Department commissioned on the role of
this type of storage in the electricity system. The Government will publish a response
in due course.</p>
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