answering body |
Department for Energy and Climate Change |
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question text |
To ask Her Majesty's Government, further to the Written Answer by Baroness Verma on
16 June (WA 23–24) on energy prices, what evidence there is to suggest that smaller
suppliers will be capable of developing a conditional Contracts for Difference (CfD)
powerpurchase agreement (PPA) in time for the first CfD auctions in October 2014;
and whether their reliance on the development of conditional PPAs to support the participation
of independent generators is in line with the suggestion made by the Minister of State
for Energy, Michael Fallon MP, on 4 December 2013 during the passage of the Energy
Act 2013 that electricity market reform would "result in greater competition among
PPA providers and support smaller suppliers, as generators will not have to rely on
large incumbents with strong credit ratings to sell their power in the market" (HC
Deb, col 970).
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