Policy paper

Contract for Difference and Capacity Market scheme update 2018

Annual update on the progress made by government on the policy mechanisms implemented under the formerly titled Electricity Market Reform (EMR) programme.

Documents

Contracts for Difference and Capacity Market scheme update 2018

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Details

This is the fifth annual update outlining the progress that has been made on the policy mechanisms implemented under the Electricity Market Reform (EMR) programme, which closed in 2015.

The key mechanisms are the Contracts for Difference scheme and the Capacity Market and the Electricity Demand Reduction pilot. Both 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.

This document sets out the headline achievements of these mechanisms over the past 12 months.

Published 5 November 2018