The government is currently seeking views on introducing Contracts for Difference reforms rewarding applicants for including factors not only based on price in projects.
Potential reforms to Contracts for Difference could mean applicants would be rewarded for including the wider benefits their projects could bring when submitting price bids to government for their low-carbon electricity. These ‘non-price factors’ could include supply chain sustainability, addressing skills gaps and innovation, help drive investment in the sector and boost country’s energy security.
Source: DESNZ.