<p>The Government consulted from 17 July to 25 September this year on the draft EMR Delivery Plan that set out proposed strike prices for renewables, including for Solar Photo-Voltaic (>5MW), under Contracts for Difference commissioning 2014-15 to 2018-19.</p><p>The Government will publish a summary of representations received alongside the final Delivery Plan scheduled for publication in December 2013.</p><p>The Government has been engaged in lengthy negotiations over an investment contract for Hinkley Point C nuclear power station, the results of which were announced on 21 October. The key terms of this deal are that there will be a strike price of £89.50/MWh (assuming a £3/MWh reduction if a positive final investment</p><p>decision is taken for a follow-up EPR reactor at Sizewell) from when the plant begins commercial operations in 2023, and the contract will last for 35 years.</p><p>We anticipate entering into negotiations in due course with Hitachi for an investment contract to cover their planned developments.</p>