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GLOSSARY
Counterparty Company definition
Published by a LexisNexis Energy expert
What does Counterparty Company mean?
The organisation that will pay or receive money under cfd contracts between the Government and low-carbon generators. The money to make the payments under the CfD contracts comes from the levy Control Framework. The spending cap under the Levy Control Framework is set to rise from £2 billion in 2011-12 to £7.6 billion in 2020-21 (in 2011-12 prices).
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