The strike price represents the actual payment the generator receives per MWh of low carbon power.
Every year, changes are made to the Strike Prices in CfD contracts, starting from the relevant Indexation Anniversary. These adjustments ensure that the Strike Prices stay in line with changes in CPI inflation and electricity market charges (if they're part of the CfD contract).
The details of how Strike Price Adjustments are calculated for some CfD Generators are available via the spreadsheets below. The spreadsheet also includes TLM(D) and BSUoS data for the relevant generator settlement periods used to calculate the Balancing System Charge Difference and TLM(D) Charge Difference.
We have also published a 'Strike Price Adjustment Guidance' to help Generators understand how their annual Adjusted Strike Price is calculated. This document offers easy-to-follow examples of Strike Price adjustments for all contracts.