Incentives Update — contracts for difference
Further to Walker Morris’s Energy Update last month, there have been a number of recent announcements worthy of note. As ever, developments continue to be fast-paced but the following may provide some season’s cheer to some in the sector.
On 4 December, the Department for Energy & Climate Change (DECC) published its ‘contracts for difference (CfD) contract terms and strike prices’ update.
In the article ‘ROCs or CfDs — the choice is not clear cut’, Walker Morris considered the draft CfD strike prices published by DECC and evaluated the risk profiles between CfDs and the renewables obligation (RO). DECC has now set the strike prices for the period 2014–15 to 2018–19, declaring that ‘CfDs will make it cheaper to deliver low-carbon generation by lowering the cost of financing projects — reductions that cannot be achieved through existing policy instruments, such as the RO’…
If you are registered and logged in to the site, click on the link below to read the rest of the Walker Morris briefing. If not, please register or sign in with your details below.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Walker Morris
News from The Lawyer
Briefings from Walker Morris
Landlords must protect tenants’ deposits and provide tenants with prescribed information, regardless of when the tenancy commenced and when the deposit was received.
In the Yam Seng case, the court was willing to imply a duty of good faith to give business efficacy to a commercial contract. Since that case, the law has been somewhat uncertain.
Analysis from The Lawyer
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all
The law school war shows no signs of ending. But we have, perhaps, reached the end of the beginning.