Policy paper

Contracts for Difference

A Contract for Difference (CfD) is a private law contract between a low carbon electricity generator and the Low Carbon Contracts Company (LCCC), a government-owned company.

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A Contract for Difference (CfD) is a private law contract between a low carbon electricity generator and the Low Carbon Contracts Company (LCCC), a government-owned company.

Published 9 November 2016
Last updated 13 May 2022 + show all updates
  1. Added link to three-phase evaluation of the CfD scheme.

  2. Added link to Allocation Round 5 page.

  3. Allocation Round 4 opened to applications on 13 December 2021.

  4. Link added to the new CfD consultation on proposed amendments to the scheme 2020. This sets out proposed changes ahead of the next allocation round which we plan to open in 2021.

  5. Links updated

  6. Link to new CfD Allocation Round 3 portal added.

  7. Second CFD auctions results published

  8. Second Allocation Round updates.

  9. Update re CFD Consultation and Standard Terms and Conditions update February 2017

  10. First published.