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contract for difference
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Regulation and policy
Government Announces Record Budget for Contracts for Difference Allocation Round 6
The government has released the budget and reference prices, along with the auction parameters, for the upcoming Contract for Difference (CfD) Allocation Round 6 (AR6). As recently reported, there were considerable questions outstanding about the parameters which will be used in the auction and significant pressure was placed on AR6...
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Home supply and services
The risks of short-term interventions distorting long-term incentives in the energy market
Christmas 2021 was not a time of cheer for the energy industry and its customers. There is acute stress on energy suppliers and consumers from current bills - let alone where they may move to in the coming year. And it seems the political and regulatory debate has moved on...
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Announcement
Our GB 2021 Consultancy highlights
We are independent advisors operating across the energy value chain. Our team of passionate energy experts has supported over 120 customers in 2021. This includes generators, developers, investors, network companies and public bodies.Here is a small selection of our work in 2021: Cornwall Insight’s consultancy team provides high-quality insight across...
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Commercial and market outlook
BEIS opens consultation on CfD payment deferral
BEIS launched a consultation on a proposal to defer to Q121 part of the increase in electricity suppliers' obligations for Q220 for the Contracts for Difference (CfD) scheme. Launched on 12 May, the consultation is a follow up to the decision BEIS took on 24 April to provide a one-off...
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Low carbon generation
CfD proposals turn the tide, but how many boats will rise remains unclear
BEIS announced on 2 March a consultation on wide-ranging changes to the Contract for Difference (CfD) scheme, including the re-integration of Pot 1 technologies. This is a significant change in the direction of renewables policy. Our CEO Gareth Miller, who previously worked on designing and implementing the CfD contract in...
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Low carbon generation
Editor’s Pick | Talkin’ bout a revolution: What next for the CfD?
This article was originally published in Energy Spectrum Issue 685 on 7 October 2019. The Contract for Difference (CfD) results for Allocation Round 3 (AR3) once again provided some striking results for the industry to ponder. In this Energy Perspective, we reflect on the success and consider what the results mean for...
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Low carbon generation
Cornwall Insight’s CfD floor price proposal gains traction as STA calls for government to adapt policy
The STA issued an updated cost assessment of PV on Tuesday 11 December and also called on BEIS to introduce a technology-neutral floor-price Contract for Difference to help renewables investment come forward in a subsidy free environment. The CfD floor price structure is a proposal we developed in early summer, and we...
