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ARTICLE · 23 DECEMBER 2024

Contracts For Difference: Proposals For The Clean Industry Bonus Scheme

Gowling WLG
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The Clean Industry Bonus (CIB) award scheme operates within the Contracts for Difference (CfD) scheme as a means of allocating extra revenue support for offshore wind...

United KingdomEnergy and Natural Resources
Russell Evans
Russell Evans
James Stanier
James Stanier
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The Clean Industry Bonus (CIB) award scheme operates within the Contracts for Difference (CfD) scheme as a means of allocating extra revenue support for offshore wind and floating offshore wind projects where generators have demonstrated they have invested in a more sustainable supply chain (the criteria being investment in shorter supply chains or investment in more sustainable means of production). The Department for Energy Security & Net Zero (DESNZ) has opened a consultation on proposed changes to the CIB scheme which predominantly include changes through a newly drafted Schedule 2 of the CfD Allocation Framework but also throughout the rest of the CfD Allocation Framework.

Schedule 2

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