Contracts for Difference for Low Carbon Electricity Generation: consultation on proposed amendments to the scheme
Overview
A rapid and sustainable scale-up of low carbon deployment is needed to meet the Net Zero agenda. The Contracts for Difference (CfD) scheme is fundamental to achieving this goal, supporting low cost and low carbon electricity generation.
The consultation introduces the first round of rapid changes to the existing regulatory and administrative framework surrounding CfDs in preparation for Allocation Round 5, in particular on Supply Chain Plan process, and regulatory changes to the Non-Delivery Disincentive, and the Target Commissioning Window Start Date in relation to flexible bids.
Our aim is to gather views on making the CfD more forward looking and fit for delivering the scale and pace of the government's decarbonisation commitments.
Read the consultation document on GOV.UK.
Events
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BEIS Consultation on proposed amendments to the CfD scheme live event
From 9 Feb 2022 at 10:00 to 9 Feb 2022 at 11:30BEIS will host a live event on Microsoft Teams to answer any questions you may have on the consultation and call for evidence. This event will take place on Tuesday 9 February 2022 from 10am to 11.30am.
Please use this link to register for the event.
Audiences
- SMEs (small and medium businesses)
- Large businesses (over 250 staff)
- Multinational businesses
- Business journalists
- Trade bodies
- Medium business (50 to 250 staff)
- Small business (10 to 49 staff)
- Wind
- Wave and tidal
- Low carbon technologies
- Construction
- Investment
- Technology (R&D)
Interests
- Renewable energy
- Energy and climate change
- Electricity
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