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<p>In CfD Allocation Round 2 dedicated biomass and offshore wind cleared at the same
strike price of £74.75MWh for delivery year 2021/22.</p><p> </p><p>The Administrative
Strike Prices (ASPs) set out the maximum support that the Government is willing to
offer developers for each technology in a given delivery year. In setting the ASPs,
the government has drawn upon the latest generation cost data, while also considering
market conditions, policy considerations and other technology specific factors in
order to encourage new investment whilst ensuring value for money for consumers.</p><p>
</p><p>The methodology used to determine the draft ASPs for the third allocation round
is published here: <a href="https://www.gov.uk/government/publications/contract-for-difference-cfd-third-allocation-round-methodology-used-to-set-administrative-strike-prices"
target="_blank">https://www.gov.uk/government/publications/contract-for-difference-cfd-third-allocation-round-methodology-used-to-set-administrative-strike-prices</a></p><p>
</p><p>CfDs are awarded in a series of competitive auctions, with the lowest price
bids being successful as a means of driving cost reduction and project efficiencies.</p>
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