Detailed guidance on the terms of the standard form Contract for Difference (CfD): from commissioning to expiry
Produced in partnership with Paul Dight of Addleshaw Goddard
Detailed guidance on the terms of the standard form Contract for Difference (CfD): from commissioning to expiry

The following Energy practice note Produced in partnership with Paul Dight of Addleshaw Goddard provides comprehensive and up to date legal information covering:

  • Detailed guidance on the terms of the standard form Contract for Difference (CfD): from commissioning to expiry
  • Introduction
  • The standard form Contract for Difference
  • Detailed guidance

Introduction

This Practice Note forms part of our suite of detailed guidance on the main terms of the standard form Contracts for Difference (CfDs) contracts issued to renewable electricity generators pursuant to the CfD allocation rounds held to date. The focus of this Practice Note is the terms of the CfD contract relevant to the period from the point at which the project is commissioned (and therefore payment under the CfD contract begins) to expiry (or early termination) of the CfD. Our other relevant Practice Notes include:

  1. Detailed guidance on the terms of the standard form Contract for Difference (CfD): from signature to commissioning—this Practice Note provides complementary guidance on the contractual provisions of the CfD relevant up to the point a project is commissioned (such as the contractually specified deadlines up to project commissioning)

  2. Contracts for Difference (CfD)—key features—this Practice Note provides a detailed overview of the CfD mechanism as a whole, including the pre-contractual legislative process under which standard form CfDs are awarded and the types and forms of standard form and non-standard form CfDs awarded to date

  3. Investment contracts—early contracts for difference (CfD)—this Practice Note introduces the early form CfD contracts (known as ‘Investment Contracts’ or Final Investment Decision (FID) Enabling for Renewables (FIDER) contracts) issued to certain projects in 2014

The standard form Contract for Difference

The standard form CfD contract has its

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