What Are The Reporting Obligations for Electricity Contracts-for-Difference (CFDs)?
Electricity Contracts for Difference (CFD) were introduced in the UK as part of the Electricity Market Reform implemented in the Energy Act 2013. The aim was to incentivise investment in renewable energy and improve affordability for consumers. Electricity CFDs are concluded between a renewable generator and Low Carbon Contracts Company (LCCC), a government-owned company. These CFD contracts are awarded for a period of 15 years.
