Consultation outcome

Electricity Market Reform: contracts for difference consultation on changes to the CFD contract and regulations

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

This consultation has concluded

Download the full outcome

Government Response to the consultation on changes to the CFD Contract & CFD Regulations

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Negative pricing in the GB wholesale electricity market

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Detail of outcome

This publication provides the Government response to the consultation the Department published in March on legislative changes to the CfD Contract, Contracts for Difference (Allocation) Regulations 2014, the Contracts for Difference (Standard Terms) Regulations 2014 and the Contracts for Difference (Definition of Eligible Generator) Regulations 2014.

Original consultation

This consultation ran from to

Summary

The Government is seeking views on proposed amendments to the Contract for Difference and Electricity Market Reform secondary legislation.

Documents

Consultation on changes to the CFD Contract & CFD Regulations

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CFD Standard Terms and Conditions

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CFD Agreement

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CFD Agreement (Unincorporated Joint Ventures)

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Private Network Agreement

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Private Network MOF

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Private Network TSR

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Phasing Agreement (Apportioned) Phase 1

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Phasing Agreement (Apportioned) Phase 2

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Phasing Agreement (Single) Phase 1

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Phasing Agreement (Single) Phase 2

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Consultation description

This consultation covers a number of proposed policy changes that would require changes to EMR’s secondary legislation to implement. These changes are intended to apply to future (Summer 2015 onwards) CFD allocation rounds.

This consultation also includes proposed changes to the CFD contract. These changes cover:

  • Negative pricing
  • Unincorporated joint ventures
  • Minor, technical or clarifying amendments

Following consultation and review, these amendments will be incorporated into the CFD to be used in the next Allocation Round.