The
finer
details
of
the
CfD
remain
among
the
most
keenly-awaited
areas
of
UK
policy,
despite
claims
by
the
government
that
its
newly-launched
Energy
Bill
and
power
market
reforms
provide
renewables
investors
with
the
long-term
visibility
they
need.
The
CfD
mechanism
will
replace
the
existing
Renewables
Obligation
support
scheme,
which
is
set
to
end
in
2017.
Among
the
elements
specifically
welcomed
by
industry
are
the
government's
decision
to
allocate
CfDs
on
a
first-come,
first-served
basis
rather
than
on
a
six-monthly
allocation
round
as
originally
proposed
--
a
"fairer
and
more
transparent"
system,
says…
