Financial support for nuclear lifetime extensions
We're seeking views on amending the Contract for Difference (CfD) legislation to enable existing nuclear generating assets to be eligible for CfDs to incentivise investment into lifetime extensions.
Detail
This consultation seeks views on amending the Contract for Difference (CfD) legislation to enable existing nuclear generating assets to be eligible for CfDs to incentivise investment into lifetime extensions of operating nuclear plants, subject to all value for money considerations and relevant approvals.
We welcome views from statutory consultees, which includes:
- the devolved governments
- electricity suppliers
- Ofgem
- the National Energy System Operator (NESO)
We also welcome responses from anyone with an interest in the policy areas.
Documents
Consultation on financial support for nuclear lifetime extensionsapplication/pdfConsultation on financial support for nuclear lifetime extensions (accessible webpage)Financial support for nuclear lifetime extensions: government response to consultationapplication/pdfFinancial support for nuclear lifetime extensions: government response to consultation (accessible webpage)