Consultation is now taking place regarding the government’s new Contracts for Difference initiative.
CfD aims to stimulate investment in low-carbon technologies (including renewables, nuclear and Carbon Capture and Storage (CCS)) by providing greater certainty of revenue that will encourage investment by reducing risks to investors and by making it easier and cheaper to secure finance.
It will replace the current Feed-in Tariff and Renewables Obligation schemes. We will keep you up-to-date as the Contracts for Difference scheme progresses but for more detailed background and policy papers, please visit gov.uk.
