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As less developed projects tend to be more costly, the current allocation favors these, but eventually might lead to higher costs overall. In CMAs view a technology neutral competitive auction should be the starting point, and deviation might be in the public interest but must be sufficiently reasoned. CMA proposed soft remedy: recommending DECC to conduct and publish rigorous analysis to justify and monitor the way bidding categories are formed and the subsidy budget is allocated between bidding categories. This will lead in CMAs view to more transparent and effective decision making on the part of DECC and more information for project developers on how the subsidy scheme is managed and how technologies can compete. Second, there is a non competitive allocation process of the CfD where DECC can and already did award producers directly without competitive bid to be supported on a negotiated strike price. According to the National Audit Office DECC already committed more than 16 billion pounds by the publication of its report June 2014, approximately the 58% of the total subsidy budget via this non competitive way full NAO report, page 9. Offshore wind, biomass plants and also EDFs Hinkley Point C NPP were awarded in the non competitive process, in effect DECC negotiating directly. CMAs opinion is that DECC awarded early subsidies significanly over their costs via the non competitive allocation. By CMAs calculation the strike price for offshore wind projects via the non competitive allocation were in the region of 140 150 /MWh while a comparable competitive strike price of 115 120 /MWh emerged in the competitive bidding around the same time. Forecasted market prices were at the level of 53 /MWh according to CMAThis means that there is possibly a 30 60 percent extra subsidy paid for producers under the non competitive offshore wind allocation that raises the cost of the subsidy for customers and decreases the potential for competition and economic efficiency. While the CMA agrees that there is a reason to keep a non competitive allocation a possibility and bilateral negotiations between DECC and the parties may be the only way of securing investment in these projects the too big leeway for DECC in it gives rise to potential anticompetitive effects in the future as well.



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Jack Murray reached out, doused him with a jug of water and Herschel decided. against bright living. Against the razzle dazzle background, Conoulty snatched the covetedCastrol Trophy, the year round competition which involved all sortsof trials and tests. His win was given added lustre because he took it out in adiminutive Austin Seven. Next year he won the trophy again, nearly equalling GusMeIntyre's feat of taking it out three times, although ill health removedMcIrityre during the third series, leaving his navigator, Frank Kleinig, to takethe remaining events. In one event in the year following his second win,Conoulty and his navigator were hurrying along Cleveland Street, Sydney, at amoderate sixty miles an hour to pick up time.

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