Corporate report

Contracts for Difference and Capacity Market scheme update 2019

Annual update to Parliament on the progress made by government on the policy mechanisms implemented under the Electricity Market Reform programme.

• From: Department for Business, Energy & Industrial Strategy
• Published: 20 December 2019

This was published under the 2019 to 2022 Johnson Conservative government

Documents

Contracts for Difference and Capacity Market scheme update 2019

Ref: ISBN 978-1-5286-1714-7, CCS1219748278 12/19, HC 17

PDF, 1.36 MB, 28 pages

Order a copy

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email [email protected]. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

This report carries out the government’s obligation under section 5(4) of the Energy Act 2013 to report annually to Parliament on the policy mechanisms implemented under the Electricity Market Reform programme, which closed in 2015.

The key mechanisms are the Contracts for Difference scheme, the Capacity Market and the Electricity Demand Reduction scheme. They are designed to incentivise the investment required in the UK’s energy infrastructure and to deliver low carbon and reliable energy supplies, while minimising costs to consumers.

Published 20 December 2019