The DPA explained
Dispatchable Power Agreement business model is designed to incentivise generators to capture and store carbon which would historically be emitted and support power generation with carbon capture and storage.
We have been part of the Government advisory team developing the Dispatchable Power Agreement, bringing our contract management expertise and a deep understanding of the structure and implementation of the CfD mechanism.
We have been named as the counterparty to the Dispatchable Power Agreement.
Read more about the Dispatchable Power Agreement here: Carbon capture, usage and storage (CCUS): Dispatchable Power Agreement business model - GOV.UK (www.gov.uk)