Explanatory Notes

Energy Act 2013

2013 CHAPTER 32

18 December 2013

Commentary on Sections

Part 2: Electricity Market Reform

Chapter 2: Contracts for difference
Section 17: Payments to electricity suppliers

119.Section 17 enables regulations to require the CFD counterparty to make payments to suppliers. This is designed to enable payments to suppliers where the contracts provide for money to be paid to the CFD counterparty e.g. where the reference price is higher than the strike price.