Concerns remain on plans to bolster UK renewables via CFDs

Investment in renewable energy

A market in contracts-for-difference (CFDs) – a major part of the UK's ambitious Electricity Market Reform (EMR) – is scheduled to be up and running early next year, with the first applications for CFDs due to be submitted at the end of 2014. Devised to help the country meet onerous green targets, the scheme is intended to incentivise new investment in all forms of low-carbon generation, including technologies as diverse as renewables, nuclear power and carbon capture and storage.

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