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1439255

	registered interest
	date	09/03/2022
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Renewable Energy: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of further increasing investment in (a) onshore wind, (b) solar, (c) tidal and (d) other renewable energy sources such in order to further diversify energy generation in the UK; what steps he is taking to support the development of energy storage facilities; and what his planned timetable is for publishing the findings of the call for evidence on large scale, long duration energy storage.
	tabling member constituency	Ynys Môn
	tabling member printed	Virginia Crosbie
	uin	137456
	answer	answer is ministerial correction date of answer 14/03/2022 answer text <p>The Contracts for Difference (CfD) scheme is the Government’s main mechanism for supporting new low-carbon electricity generation projects in Great Britain. The fourth allocation round of the CfD scheme (AR4) opened on 13 December 2021 and aims to secure more low-carbon electricity capacity than the previous three rounds combined. AR4 is open to an expanded number of renewable technologies, including offshore wind, onshore wind, solar, tidal stream and floating offshore wind. In February, the Government also announced that the next CfD allocation round will be brought forward to March 2023, and future rounds will run annually, rather than every two years, thereafter. This will support renewable electricity producers and further drive deployment of renewable power.</p><p>In 2019 BEIS launched the Storage at Scale competition, which funded demonstration facilities for two innovative energy storage facilities. In 2021, BEIS launched a further programme, The Longer Duration Energy Storage competition. In February 2022, BEIS announced funding for 24 projects under this competition to perform engineering design or feasibility studies of their technologies. The Government is reviewing the responses to the Call for Evidence on large-scale, long-duration electricity storage, alongside analysis the Department commissioned on the role of this type of storage in the electricity system. The Government will publish a response in due course.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 14/03/2022 15:46:05 answering member 1526 label Biography information for Greg Hands
	tabling member	4859 label Biography information for Virginia Crosbie

1667624

	registered interest
	date	07/11/2023
	answering body	Department for Energy Security and Net Zero
	answering dept id	215
	answering dept short name	Energy Security and Net Zero
	answering dept sort name	Energy Security and Net Zero
	hansard heading	Renewable Energy: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Energy Security and Net Zero, whether she plans to amend the methodology used to set administrative strike prices for all renewable technologies in the Contracts for Difference allocation round six.
	tabling member constituency	Wyre Forest
	tabling member printed	Mark Garnier
	uin	195
	answer	answer is ministerial correction date of answer 13/11/2023 answer text <p>The Government reviews auction parameters, including Administrative Strike Prices (ASP) and the ASP methodology, ahead of every Contracts for Difference Allocation Round. Considering recent price volatility and that no offshore wind technologies were successful in Allocation Round 5, the Government has conducted a thorough review of its cost assumptions ahead of Allocation Round 6. The Government is committed to ensuring that it sets the parameters at a level that would allow sustainably priced projects in the pipeline to compete in the auction. The ASP methodology will be published alongside core parameters in November 2023.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 13/11/2023 15:32:07 answering member 1482 label Biography information for Graham Stuart
	tabling member	4074 label Biography information for Mark Garnier

1360290

	registered interest
	date	15/10/2021
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Renewable Energy: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the potential impact of net negative generator payments on the Contracts for Difference Scheme.
	tabling member constituency	Wansbeck
	tabling member printed	Ian Lavery
	uin	57042
	answer	answer is ministerial correction date of answer 25/10/2021 answer text <p>Under the Contracts for Difference (CfD) scheme, a generator is paid the difference between the ‘strike price’ – a price for electricity reflecting the cost of investing in a particular low carbon technology – and the ‘reference price’ – a cost measure of the average GB market price for electricity. Generators have to pay back the difference to the Low Carbon Contracts Company (LCCC) when market prices are higher than the strike price.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 25/10/2021 17:02:47 answering member 1526 label Biography information for Greg Hands
	tabling member	4139 label Biography information for Ian Lavery

1663397

	registered interest
	date	13/10/2023
	answering body	Department for Energy Security and Net Zero
	answering dept id	215
	answering dept short name	Energy Security and Net Zero
	answering dept sort name	Energy Security and Net Zero
	hansard heading	Renewable Energy: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Energy Security and Net Zero, whether her Department is taking steps to ensure that energy supplied from renewable sources only incurs a cost to the public purse when it is required on the grid.
	tabling member constituency	Vale of Glamorgan
	tabling member printed	Alun Cairns
	uin	201251
	answer	answer is ministerial correction date of answer 23/10/2023 answer text <p>The Government, through the Review of Electricity Market Arrangements (REMA) programme, is considering reforms needed to electricity market arrangements to drive the necessary investment and efficient operation of a secure, cost-effective, low-carbon electricity system. This includes Government schemes, such as the Renewable Obligation and Contract for Difference, that support the generation of renewable electricity.</p><p> </p><p>The Government will work with Ofgem, National Grid Electricity System Operator (ESO) and the Low Carbon Contracts Company (LCCC) to review and take appropriate steps, when necessary, to ensure that system costs associated with renewable generators' participation in the Balancing Mechanism offers the best value for money for consumers.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 23/10/2023 09:50:44 answering member 1482 label Biography information for Graham Stuart
	tabling member	4086 label Biography information for Alun Cairns

1463729

	registered interest
	date	17/05/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Renewable Energy: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what fiscal steps he is taking to help increase the development of renewable energy.
	tabling member constituency	Rother Valley
	tabling member printed	Alexander Stafford
	uin	3791
	answer	answer is ministerial correction date of answer 23/05/2022 answer text Renewable energy has a central role in the Government’s decarbonisation and levelling-up ambitions. The Government recognises the economic benefits it can derive from renewable energy and is committed to developing these. The Government has taken a number of fiscal steps to support the deployment of renewable energy, including:<p> </p><p>We have moved to annual Contract for Difference auctions, bringing forward the next round to March 2023. This will help to encourage low-carbon generation and provide greater confidence to investors and supply chain companies.</p><p> </p><p>We are investing £160 million in offshore wind ports and the supply chain through the Offshore Wind Manufacturing and Investment Scheme (OWMIS) and have announced up to another £160 million to support development of the floating supply chain. We also recently announced £31 million of UK government funding, to be matched by industry, for research and development in this area.</p><p> </p><p>We have cut VAT rates on solar panels, and solar panel &amp; storage packages, down to 0% (from 5% and 20% respectively) to encourage installation.</p> answering member constituency Faversham and Mid Kent answering member printed Helen Whately question first answered 23/05/2022 08:48:12 answering member 4527 label Biography information for Helen Whately
	tabling member	4866 label Biography information for Alexander Stafford

1463730

	registered interest
	date	17/05/2022
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Renewable Energy: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential impact of the Contracts for Difference Allocation Round 4 on energy bills.
	tabling member constituency	Rother Valley
	tabling member printed	Alexander Stafford
	uin	3792
	answer	answer is ministerial correction date of answer 25/05/2022 answer text <p>I refer my hon. Friend to the answer I gave my hon. Friend the Member for Hendon on 24th May 2022 to Question <a href="https://questions-statements.parliament.uk/written-questions/detail/2022-05-16/2457" target="_blank">2457</a>.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 25/05/2022 09:06:53 answering member 1526 label Biography information for Greg Hands
	tabling member	4866 label Biography information for Alexander Stafford

1422003

	registered interest
	date	10/02/2022
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Renewable Energy: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has plans to implement the Contracts for Difference auction and allocation on an annual basis.
	tabling member constituency	Ross, Skye and Lochaber
	tabling member printed	Ian Blackford
	uin	122698
	answer	answer is ministerial correction date of answer 21/02/2022 answer text <p>On 9 February 2022, the Secretary of State announced that Contracts for Difference allocation rounds will be held on an annual basis from March 2023, when the next round (AR5) will open to applications.<sup><sup>[1]</sup></sup></p><p> </p><p> </p><p>[1] <a href="https://questions-statements.parliament.uk/written-statements/detail/2022-02-09/hcws600" target="_blank">https://questions-statements.parliament.uk/written-statements/detail/2022-02-09/hcws600</a></p><p> </p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 21/02/2022 16:40:24 answering member 1526 label Biography information for Greg Hands
	tabling member	4390 label Biography information for Ian Blackford

1668854

	registered interest
	date	09/11/2023
	answering body	Department for Energy Security and Net Zero
	answering dept id	215
	answering dept short name	Energy Security and Net Zero
	answering dept sort name	Energy Security and Net Zero
	hansard heading	Renewable Energy: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Energy Security and Net Zero, how her Department plans to take into account changes in the level of costs when setting the Administrative Strike Price for renewable technologies in Allocation Round 6 of the Contracts for Difference.
	tabling member constituency	Orkney and Shetland
	tabling member printed	Mr Alistair Carmichael
	uin	1047
	answer	answer is ministerial correction date of answer 17/11/2023 answer text <p>The Government reviews auction parameters, including Administrative Strike Prices, ahead of every Contracts for Difference allocation round. Considering recent price volatility and that no offshore wind technologies were successful in Allocation Round 5, the Government has conducted a thorough review of its cost assumptions ahead of Allocation Round 6. The Government will set parameters that reflect the Contracts for Difference scheme’s objective to encourage low-carbon generation whilst considering net zero commitments, energy security and the likely cost to consumers. Core parameters for Allocation Round 6 will be published in November 2023.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart grouped question UIN 1048 question first answered 17/11/2023 07:56:30 answering member 1482 label Biography information for Graham Stuart
	tabling member	1442 label Biography information for Mr Alistair Carmichael

1668855

	registered interest
	date	09/11/2023
	answering body	Department for Energy Security and Net Zero
	answering dept id	215
	answering dept short name	Energy Security and Net Zero
	answering dept sort name	Energy Security and Net Zero
	hansard heading	Renewable Energy: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Energy Security and Net Zero, if she will make an assessment of the potential merits of a 50% increase in Administrative Strike Prices; and whether an increase in those Prices applies to all renewable technologies in Allocation Round 6.
	tabling member constituency	Orkney and Shetland
	tabling member printed	Mr Alistair Carmichael
	uin	1048
	answer	answer is ministerial correction date of answer 17/11/2023 answer text <p>The Government reviews auction parameters, including Administrative Strike Prices, ahead of every Contracts for Difference allocation round. Considering recent price volatility and that no offshore wind technologies were successful in Allocation Round 5, the Government has conducted a thorough review of its cost assumptions ahead of Allocation Round 6. The Government will set parameters that reflect the Contracts for Difference scheme’s objective to encourage low-carbon generation whilst considering net zero commitments, energy security and the likely cost to consumers. Core parameters for Allocation Round 6 will be published in November 2023.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart grouped question UIN 1047 question first answered 17/11/2023 07:56:30 answering member 1482 label Biography information for Graham Stuart
	tabling member	1442 label Biography information for Mr Alistair Carmichael

1418191

	registered interest
	date	31/01/2022
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Renewable Energy: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what the total amount of strike price top up payments made to companies under Contracts for Difference by the Low Carbon Contracts Company was in each of the last five years.
	tabling member constituency	North West Norfolk
	tabling member printed	James Wild
	uin	114957
	answer	answer is ministerial correction date of answer 08/02/2022 answer text <p>The Low Carbon Contracts Company publishes information on payments to projects supported by the Contracts for Difference scheme on their Data Portal[1].</p><p>[1] <a href="https://www.lowcarboncontracts.uk/dashboards/cfd/actuals-dashboards/historical-dashboard" target="_blank">https://www.lowcarboncontracts.uk/dashboards/cfd/actuals-dashboards/historical-dashboard</a></p><p> </p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 08/02/2022 15:25:26 answering member 1526 label Biography information for Greg Hands
	tabling member	4787 label Biography information for James Wild