Member

I now turn to the details of this instrument. This draft instrument makes changes to the Contracts for Difference (Definition of Eligible Generator) Regulations 2014 to give the Government the option to utilise the CfD funding mechanism to support the continuation of electricity generation at existing nuclear power stations. Nuclear energy is already eligible for support through CfDs for new build capacity, with a CfD already having been utilised to support the construction of Hinkley Point C. However, nuclear power stations intending to undergo refurbishment to extend their lifetimes are currently ineligible. Expanding eligibility criteria in this way will ensure that existing nuclear capacity can continue to generate low-carbon electricity during extended operating lifetimes through support under a CfD, where it is considered safe and economical to do so.