Contracts for Difference

July 23, 2024

Ibec, in its pre-budget submission, has called on Government to introduce a competitive Contracts for Difference (CfD) scheme to drive major emissions reduction and resilience in Irish industry. The new Climate Action Contracts scheme would be modelled on those already in place in Germany and the Netherlands and help businesses bridge the price gap between fossil fuels and renewables. 

Download Ibec's proposal below:

 

Ibec Climate Action Contracts proposal July 2024 pdf | 498.8 kb