Economics, finance, and social protection

Links to the latest government, parliament and local government consultations relating to economics, finance, and social protection.

Contracts for Difference: updating the Allocation Round 5 Supply Chain Plan questionnaire

UK government consultation | Department for Business, Energy & Industrial Strategy

The Contracts for Difference (CfD) scheme is the government’s main mechanism for supporting new low-carbon electricity generation projects in Great Britain, with Supply Chain Plans being a key element of the government’s policy to support the delivery of the generating capacity needed to achieve a fully decarbonised power system by 2035. In preparation for Allocation Round 5, the Department for Business, Energy & Industrial Strategy (BEIS) recently consulted on further amendments to the CfD scheme, including ways to strengthen the Supply Chain Plan Process. BEIS has published the government response to that consultation. This consultation follows on from that, and proposes amendments to the Supply Chain Plan questionnaire. BEIS is seeking views on: the clarity of the proposed questions; the extent to which the questions support the Supply Chain Plan objectives; other questions that should be included in the questionnaire; the scoring methodology; the weighting attributed to questions; and a bespoke questionnaire for Floating Offshore Wind applicants.

Deadline: 23:45 BST, 14 June 2022