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17 November 2022, Our thoughts on the Energy aspects of today's Autumn Statement
Today, the Chancellor, Jeremy Hunt announced in his Autumn Statement that cheap, low carbon, reliable energy must sit at the heart of any modern economy and that energy efficiency and energy independence are key to the UK’s approach.
An introduction to the CfD and its role in the energy bill crisis
With so much in the news around the energy crisis, this document aims to provide an introduction on what this means for the CfD, this briefing includes:
- Intro – Contracts for Difference (CfD) and the ‘green levy
- What is the CfD and how does it work?
- How has the CfD been working in the current market?
- How does the CfD contribute to the Ofgem price cap?