Energy White Paper: Contracts for Difference

Energy minister, Chris Huhne, has announced a new transitional scheme to promote renewables as new reforms are put in place.

The minister said Contracts for Difference were needed to ensure there was 'no drop off' during the transitional period.

While fellow MPs, including Energy and Climate Change Committee chairman Tim Yeo, voiced concerns over how quickly the system would be ready to go.

There were also concerns voiced over the finer details of the new scheme, which were not revealed when Mr Huhne addressed Parliament today (July 12).

The energy minister promised fellow MPs he would publish more details as soon as he could.

Mr Huhne said: "The government is extremely serious about the urgency of getting the legislation through and indeed of issuing the contracts.

"We will, I hope, be able to issues the first contracts in 2013."

Luke Walsh


You need to be logged in to make a comment. Don't have an account? Set one up right now in seconds!

© Faversham House Ltd 2011. edie news articles may be copied or forwarded for individual use only. No other reproduction or distribution is permitted without prior written consent.