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Updates to future Contracts for Difference (CfD) proposed by DECC – Negative Pricing

On 9 March 2015, the Department of Energy & Climate Change (DECC) published a consultation proposing a number of policy changes to the CfD contract and CfD regulations. This consultation closed on 20 April 2015 and a Government response is due in the summer of 2015. Any amendments adopted following the consultation are proposed to apply from the 2015 CfD round onwards, with no proposed effect on existing CfD contract holders. For this note we concentrate on the proposed changes relating to negative pricing.

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