It’s all in the plan — government consults on draft EMR Delivery Plan

The government has committed to issue Delivery Plans every five years under Electricity Market Reform, setting the strike prices for Contracts for Difference (CfDs) and other policy requirements for the following five year period. Annual updates will also be issued. The Department of Energy and Climate Change (DECC) has now published a draft of its first Delivery Plan.

As we reported previously, DECC had already published the proposed strike prices. While the draft Delivery Plan reiterates those strike prices, it also provides details as to how DECC arrived at them. The consultation seeks views on both the prices and the underlying methodology. The government’s aim with the proposed strike prices is clearly a balancing act…

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