Consultation outcome

Consultation on regulations for Contracts for Difference (Standard Terms and Modifications)

• From: Department of Energy & Climate Change
• Published: 19 December 2013
• Last updated: 23 April 2014 — See all updates

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

This consultation has concluded

Read the full outcome

Government response to consultation on CfD regulations (Standard Terms and Modifications)

Ref: 14D/070

PDF, 310 KB, 14 pages

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Detail of outcome

This document summarises the responses received and puts forward the approach being taken and undertakings being made following that process.

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Original consultation

Summary

Detailed regulation and policy proposals for the implementation of the Contract for Difference

This consultation ran from
19 December 2013 to 11:59pm on 6 February 2014

Consultation description

The consultation sets out the draft regulatory position and associated policy positions for four key areas of the Contract for Difference:

• the issuance and revision of standard terms; the ability for generators to request modifications to those standard terms;

• the processes by which the Delivery Body notifies the CfD Counterparty of an allocation decision, and by which the CfD counterparty then offers a generator a contract, and;

• the lists of technologies to be allocated the baseload and intermittent reference prices, typifying the way in which the standard terms adapt to circumstance.

DECC is seeking input from as wide a range of interested parties as soon as possible and the consultation includes a series of broad questions to help shape contributions from interested parties. Following the closure of the consultation we will consider responses and prepare amendments to the regulations. We aim to publish the Government response and to lay the final regulations in Parliament in spring 2014, and for the regulations to become law in summer 2014.

Documents

Electricity Market Reform: Consultation on Regulations for Contracts for Difference (Standard Terms and Modifications)

Ref: 13D/324

PDF, 890 KB, 25 pages

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Published 19 December 2013
Last updated 23 April 2014 + show all updates

1. 23 April 2014

   Government response published.

2. 19 December 2013

   First published.