Contracts for Difference scheme
E843167
UK government policy instrument
electricity market support scheme
renewable energy support mechanism
The Contracts for Difference scheme is a UK government support mechanism that guarantees low-carbon electricity generators a fixed “strike price” for power, stabilizing revenues and encouraging investment in projects such as offshore wind farms.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Contracts for Difference scheme canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T10132751 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Contracts for Difference scheme Context triple: [United Kingdom offshore wind sector, policyFramework, Contracts for Difference scheme]
-
A.
Clean Development Mechanism
The Clean Development Mechanism is a United Nations climate policy tool under the Kyoto Protocol that allows industrialized countries to fund emission-reduction projects in developing nations and earn carbon credits in return.
-
B.
CEPT Scheme Agreement
The CEPT Scheme Agreement is a foundational ASEAN trade pact that establishes a common preferential tariff framework to promote regional economic integration and the ASEAN Free Trade Area.
-
C.
Great Britain electricity market
The Great Britain electricity market is the competitive wholesale and retail system through which electricity is generated, traded, transmitted, and supplied to consumers across England, Scotland, and Wales.
-
D.
CDM
CDM is the College of Management of Technology, an academic unit focused on integrating management, economics, and technology within a university setting.
-
E.
Exchange Traded Commodity
Exchange Traded Commodity is a type of security that tracks the price of an underlying commodity or commodity index and is traded on stock exchanges like a share.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Contracts for Difference scheme Target entity description: The Contracts for Difference scheme is a UK government support mechanism that guarantees low-carbon electricity generators a fixed “strike price” for power, stabilizing revenues and encouraging investment in projects such as offshore wind farms.
-
A.
Clean Development Mechanism
The Clean Development Mechanism is a United Nations climate policy tool under the Kyoto Protocol that allows industrialized countries to fund emission-reduction projects in developing nations and earn carbon credits in return.
-
B.
CEPT Scheme Agreement
The CEPT Scheme Agreement is a foundational ASEAN trade pact that establishes a common preferential tariff framework to promote regional economic integration and the ASEAN Free Trade Area.
-
C.
Great Britain electricity market
The Great Britain electricity market is the competitive wholesale and retail system through which electricity is generated, traded, transmitted, and supplied to consumers across England, Scotland, and Wales.
-
D.
CDM
CDM is the College of Management of Technology, an academic unit focused on integrating management, economics, and technology within a university setting.
-
E.
Exchange Traded Commodity
Exchange Traded Commodity is a type of security that tracks the price of an underlying commodity or commodity index and is traded on stock exchanges like a share.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
UK government policy instrument
ⓘ
electricity market support scheme ⓘ renewable energy support mechanism ⓘ |
| administeredBy |
Low Carbon Contracts Company
NERFINISHED
ⓘ
UK Department for Energy Security and Net Zero NERFINISHED ⓘ |
| alsoKnownAs |
CfD scheme
NERFINISHED
ⓘ
UK Contracts for Difference NERFINISHED ⓘ |
| appliesTo | Great Britain electricity market NERFINISHED ⓘ |
| beneficiary |
biomass projects
ⓘ
low-carbon electricity generators ⓘ nuclear power projects ⓘ offshore wind projects ⓘ onshore wind projects ⓘ solar photovoltaic projects ⓘ |
| country | United Kingdom ⓘ |
| designFeature |
competitive allocation rounds
ⓘ
index-linked strike prices ⓘ long-term contracts for generators ⓘ technology-specific pots ⓘ |
| evaluationBy | UK National Audit Office NERFINISHED ⓘ |
| excludes | most existing fossil fuel generation ⓘ |
| fundingSource | levy on electricity suppliers ⓘ |
| governedBy | CfD Standard Terms and Conditions NERFINISHED ⓘ |
| impact |
increased deployment of offshore wind in the UK
ⓘ
price stability for supported generators ⓘ reduced financing costs for low-carbon projects ⓘ |
| introducedBy | UK government NERFINISHED ⓘ |
| legalBasis | Energy Act 2013 NERFINISHED ⓘ |
| mechanism |
guarantees a fixed strike price for electricity
ⓘ
pays difference between strike price and reference wholesale price ⓘ requires generators to pay back when wholesale price exceeds strike price ⓘ |
| monitoredBy | Low Carbon Contracts Company NERFINISHED ⓘ |
| policyArea |
climate change mitigation
ⓘ
renewable energy policy ⓘ |
| policyGoal |
provide value for money for consumers
ⓘ
support UK net zero greenhouse gas emissions target ⓘ |
| purpose |
encourage investment in low-carbon projects
ⓘ
reduce carbon emissions from power generation ⓘ stabilize revenues for low-carbon generators ⓘ support low-carbon electricity generation ⓘ |
| relatedTo |
Capacity Market
ⓘ
UK Electricity Market Reform NERFINISHED ⓘ |
| sector | electricity ⓘ |
| startDate | 2014 ⓘ |
| timeHorizon |
35-year contracts for some nuclear projects
ⓘ
typically 15-year contracts for renewables ⓘ |
| usesConcept |
reference wholesale electricity price
ⓘ
strike price ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Contracts for Difference scheme Description of subject: The Contracts for Difference scheme is a UK government support mechanism that guarantees low-carbon electricity generators a fixed “strike price” for power, stabilizing revenues and encouraging investment in projects such as offshore wind farms.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.