Policy paper

Electricity Market Reform: development of the Contract for Difference

The CFD is the culmination of several successive cycles of drafting and engagement with industry and the wider public, beginning in May 2012 and concluding in January 2014.

• From: Department of Energy & Climate Change
• Published: 15 December 2013

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Documents

Update on Terms for Contracts for Difference (Dec 2013)

PDF, 1.05 MB, 62 pages

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CFD Contract Terms and Conditions (Dec 2013)

PDF, 1.52 MB, 366 pages

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Electricity Market Reform Draft Contract for Difference (August 2013)

PDF, 702 KB, 168 pages

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Details

The Update on Terms for Contracts for Difference (Dec 2013) explains the key elements of the updated draft CFD and highlights changes since the draft CFD clauses publication in August 2013.

CFD Contract Terms and Conditions (Dec 2013) This document explains the key elements of the updated draft CFD and highlights changes since the draft CFD clauses publication in August 2013.

The Electricity Market Reform Draft Contract for Difference (August 2013) The CFD provides greater certainty of revenue that will encourage investment by reducing risks to investors and by making it easier and cheaper to secure finance.

Published 15 December 2013