INTERVIEW: UK’s LCCC anticipates AR5 process improvements, new CFD markets

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The UK’s fifth allocation round for Contracts for Difference (AR5) will reduce award processing to six months, remove the “merchant nose” phenomenon and improve the positioning of emerging technologies, the Low Carbon Contracts Company told S&P Global Commodity Insights in a March 21 interview. AR5 is set to open to applications on March 30. With a budget of GBP205 million…