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<p>The Government reviews auction parameters, including Administrative Strike Prices
(ASP) and the ASP methodology, ahead of every Contracts for Difference Allocation
Round. Considering recent price volatility and that no offshore wind technologies
were successful in Allocation Round 5, the Government has conducted a thorough review
of its cost assumptions ahead of Allocation Round 6. The Government is committed to
ensuring that it sets the parameters at a level that would allow sustainably priced
projects in the pipeline to compete in the auction. The ASP methodology will be published
alongside core parameters in November 2023.</p>
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