Contracts for difference: government response to the consultation on changes to the CFD contract and CFD regulations

cover image
Document type
Consultation
Corporate author(s)
Great Britain. Dept. for Business, Energy and Industrial Strategy
Publisher
Department for Business, Energy and Industrial Strategy
Date of publication
8 February 2017
Subject(s)
Trends: economic, social and technology trends affecting business
Collection
Business and management
Material type
Reports

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This document sets out the government’s response to the consultation on changes to the Contracts for Difference (CFD) contract and standard terms regulations following consideration of the 62 consultation responses received.

The consultation was seeking views on proposed amendments to the Contract for Difference (CFD) and associated secondary legislation which we intended to apply to future CFD allocation rounds.

The changes consulted on included proposals to:

  • prevent the cumulation of CFD payments with any other State or Union aid received by CFD projects;
  • clarify the definition of foreseeability within the definition of qualifying change in law;
  • explain how storage should be treated on CFD sites; and
  • make a number of minor and technical changes designed to reduce administrative burdens on CFD generators and the Low Carbon Contracts Company.

The Contracts for Difference (Standard Terms) (Amendment) Regulations 2017 have now been laid before Parliament and will come into force on 1 March 2017.

 

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