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Clifford Chance

Clifford Chance

Briefings

Full consultation on Contracts for Difference and Capacity Market

21 October 2013

The UK Government has launched a full consultation on two major aspects of UK Electricity
Market Reform: Feed-In-Tariff Contracts for Difference (CfDs, providing financial support for low
carbon electricity generation), and the Capacity Market mechanism (boosting security of electricity
supply). The consultation paper builds on much of the detail of both schemes which has previously
been announced. This briefing looks at some of the key new aspects announced in the consultation
paper and sets out a timetable of next steps for implementation of CfDs and the Capacity Market
and some wider Electricity Market Reforms.

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