Major Changes for the Renewable Electricity Market: a focus on UK Contracts for Difference (CfD)

C. McNaught

CfD principles illustrated

Author: C. McNaught

Managing Consultant at Ricardo-AEA

Recent UK trends

Renewable electricity generation in the UK has increased from 10TWh in 2010 to almost 54TWh in 2013.  As shown in the following figure, UK renewable electricity generation includes:

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