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<p>The Government reviews auction parameters, including Administrative Strike Prices,
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 will set parameters that reflect the Contracts
for Difference scheme’s objective to encourage low-carbon generation whilst considering
net zero commitments, energy security and the likely cost to consumers. Core parameters
for Allocation Round 6 will be published in November 2023.</p>
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