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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>
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>
The methodology used to determine the draft ASPs for the third allocation round is published here: https://www.gov.uk/government/publications/contract-for-difference-cfd-third-allocation-round-methodology-used-to-set-administrative-strike-prices<\/a><\/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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], "answer" : {"_about" : "http://data.parliament.uk/resources/1091274/answer", "answerText" : {"_value" : " A draft budget notice was published in November 2018, which outlined the proposed Administrative Strike Prices (ASPs) for all technologies eligible to compete in the next allocation round, this notice can be found here: https://www.gov.uk/government/publications/contracts-for-difference-cfd-draft-budget-notice-for-the-third-allocation-round<\/a><\/p> <\/p> 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>