Combined Heat and Power (CHP) Qualifying Multiplier: Difference between revisions
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[[Category:Legislation & Policy]][[Category:Economics]] | [[Category:Legislation & Policy]][[Category:Economics]] | ||
The CHPQM is used in the same way as the [[RQM]] to determine payments for applicable [[CFD]] generators. It aims to ensure that only generated output from low carbon sources which produce good quality CHP is provided with CFD payments<ref name="foo">[[LCCC]], 2019. [https://www.lowcarboncontracts.uk/sites/default/files/publications/Contracts%20for%20Difference%20-%20Generator%20Guide%20Feb%202019.pdf Contracts for Difference Generator Guide. Low Carbon Contracts Company.] London </ref>. | [[The Combined Heat and Power (CHP) Qualifying Multiplier]] ([[CHPQM]]) is used in the same way as the [[RQM]] to determine payments for applicable [[CFD]] generators. It aims to ensure that only generated output from low carbon sources which produce good quality CHP is provided with CFD payments<ref name="foo">[[LCCC]], 2019. [https://www.lowcarboncontracts.uk/sites/default/files/publications/Contracts%20for%20Difference%20-%20Generator%20Guide%20Feb%202019.pdf Contracts for Difference Generator Guide. Low Carbon Contracts Company.] London </ref>. | ||
In order to receive the maximum rate of support potentially available to them, generators with [[CHP]] facilities must demonstrate that they are producing good quality [[CHP]], as defined in a sector-wide quality assurance programme called the Combined Heat and Power Quality Assurance (CHPQA). | In order to receive the maximum rate of support potentially available to them, generators with [[CHP]] facilities must demonstrate that they are producing good quality [[CHP]], as defined in a sector-wide quality assurance programme called the Combined Heat and Power Quality Assurance (CHPQA). | ||