authour
632
edits
Contract for Difference: Difference between revisions
m
no edit summary
m (Edited reference) |
mNo edit summary |
||
| Line 4: | Line 4: | ||
Waste related projects are eligible by virtue of the renewable content of the waste used in a project that generates electricity. | Waste related projects are eligible by virtue of the renewable content of the waste used in a project that generates electricity. | ||
Successful developers of renewable projects enter into a private law contract with the [[Low Carbon Contracts Company]] ([[LCCC]]), a Government-owned company. Developers are paid a flat (indexed) rate for the electricity they produce over a 15-year period; the difference between the ‘strike price’ (a price for electricity reflecting the cost of investing in a particular low carbon technology) and the ‘reference price’ (a measure of the average market price for electricity in the GB market) <ref name="foo" />. | Successful developers of renewable projects enter into a private law contract with the [[Low Carbon Contracts Company]] ([[LCCC]]), a Government-owned company. Developers are paid a flat (indexed) rate for the electricity they produce over a 15-year period; the difference between the ‘strike price’ (a price for electricity reflecting the cost of investing in a particular low carbon technology) and the ‘reference price’ (a measure of the average market price for electricity in the GB market)<ref name="foo" />. | ||
==References== | ==References== | ||
<references /> | <references /> | ||