<p><img src="[images%7COpenAccessDataProvider]9060b7f1-0eb7-4851-9469-a785e405ee0d" sf-size="8542694"></p><p>The third Contracts for Difference allocation round (AR3) will commence on 29 May 2019.</p><p>AR3 will only be open to less established technologies, which for the first time will now include onshore wind located on remote UK islands (in practice expected to be primarily Scottish islands). </p><p>BEIS announced in November 2018 that participants in AR3 would be competing for an annual budget of £60mn, with successful bidders expected to commission in delivery years 2023-24 and 2024-25. In January 2019, BEIS published its Draft Allocation Framework for AR3, which sets out the rules applicable to AR3 and the eligibility requirements applicants must satisfy. It is this framework that will now be in the forefront of ap</p>
Source: LexisNexis Purpose Built
Contract For Difference: Allocation Round Three – are you ready?
