The following Environment guidance note provides comprehensive and up to date legal information covering:
The aim of the Contracts for Difference (CfD) scheme is to provide long-term price stabilisation to low carbon plant and to enable investment to come forward at lower capital costs, which means lower costs for consumers, and is one of the key mechanisms used by the government to introduce electricity market reform (EMR) (see Practice Note: Electricity Market Reform (EMR)).
This CfD tracker tool displays the current status and most recent developments in relation to the scheme since June 2015, covering consultations, regulatory guidance publications and key amendments to the CfD mechanism.
For our trackers setting out the anticipated future dates of major policy/regulatory announcements in the Great Britain (GB) energy market (including those in relation to renewable subsidy schemes such as the CfD mechanism) see:
Great Britain energy market—policy and policy implementation tracker (this splits out areas of policy thematically)
Great Britain energy market—policy and policy implementation horizon scanner (this is ordered chronologically beginning with announcements expected in the coming weeks)
For more information on the CfD mechanism, see Practice Notes:
Contracts for Difference (CfD)—key features
Electricity Market Reform (EMR)—how has the transition from the Renewables Obligation (RO) to the Contracts for Difference (CfD) regime worked?
Contracts for difference (CfD)—key features of the supplier obligation
Detailed guidance on the terms of the standard form Contract for Difference (CfD): from signature to commissioning
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