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1127720

	registered interest
	date	21/05/2019
	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	What recent assessment he has made of trends in the level of public funding for renewable energy since 2010.
	tabling member constituency	Sefton Central
	tabling member printed	Bill Esterson
	uin	911018
	answer	answer is ministerial correction date of answer 21/05/2019 answer text <p>The Government is committed to investing in renewable energy and our support has enabled the UK to become a world leader in clean growth with the fastest emissions reduction on a per person basis than any other G7 nation.</p><p> </p><p>We will spend £4.5 billion between 2016 and 2021 to support the development of renewable and low carbon heating through the Renewable Heat Incentive.</p><p> </p><p>The Government is also encouraging private sector innovation and £92 billion of private funding has been invested in clean energy in the UK since 2010.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 21/05/2019 13:43:49 answering member 4320 label Biography information for Robert Jenrick
	tabling member	4061 label Biography information for Bill Esterson

1258460

	registered interest
	date	04/12/2020
	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, with reference to his Department's policy paper, National Infrastructure Strategy, published on 25 November 2020, when he plans to consult on the introduction of more stringent supply chain plan requirements in the Contract for Difference process.
	tabling member constituency	Gateshead
	tabling member printed	Ian Mearns
	uin	125225
	answer	answer is ministerial correction date of answer 09/12/2020 answer text <p>The Department for Business, Energy and Industrial Strategy (BEIS) published a consultation on the introduction of more stringent supply chain plan requirements, including a consequence for the non-delivery of Supply Chain Plan commitments, on 24 November. This consultation will close on 18 January 2021.</p><p> </p><p>BEIS intend to consult separately on the proposed Supply Chain Plan Questionnaire in early 2021.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 09/12/2020 10:49:37 answering member 3991 label Biography information for Jesse Norman
	tabling member	4000 label Biography information for Ian Mearns

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

1486763

	registered interest
	date	05/07/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Renewable Energy: Finance
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what plans they have to update the investment allowance to support lower-carbon technologies.
	tabling member printed	Lord Taylor of Warwick
	uin	HL1513
	answer	answer is ministerial correction date of answer 19/07/2022 answer text <p>The Energy Profit’s Levy investment allowance will be calculated in the same way as the investment allowance for the existing Supplementary Charge. However, unlike the Supplementary Charge, it will be available to companies at the point of investment. This makes it both more immediate and more generous.</p><p> </p><p>Since the Levy is targeted at the extraordinary profits from oil and gas upstream activities, it makes sense that any relief for investment must also be related to oil and gas upstream activities. Such spending can be used to decarbonise oil and gas production, for example, through electrification. Therefore, any capital expenditure on electrification, as long as it relates to specific oil activities within the ringfence, will qualify for the allowance.</p> answering member printed Baroness Penn question first answered 19/07/2022 11:57:45 answering member 4726 label Biography information for Baroness Penn
	tabling member	1796 label Biography information for Lord Taylor of Warwick

431661

	registered interest
	date	23/11/2015
	answering body	Department for Energy and Climate Change
	answering dept id	63
	answering dept short name	Energy and Climate Change
	answering dept sort name	Energy and Climate Change
	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 and Climate Change, what the implications for her policies on support for community-based renewable generation projects are of the proposed changes to the feed-in tariff scheme and HM Treasury's decision to remove such projects from tax relief.
	tabling member constituency	Stockton North
	tabling member printed	Alex Cunningham
	uin	17392
	answer	answer is ministerial correction date of answer 30/11/2015 answer text <p>Part of the purpose of the feed-in tariff (FIT) review consultation was to gather views on the broader economic impact of the proposed changes. We also sought views on whether the scheme should be focussed towards specific groups or sectors which might, for example, include households or communities. We had a strong response from community energy groups via the consultation and workshops.</p><p>The actual impact on the community sector will depend on the options taken forward after all responses to the consultation have been considered. We are currently analysing feedback submitted during the consultation and intend to publish a Government response as soon as possible.</p><p>The purpose of the tax-advantaged venture capital schemes is to provide funding to smaller higher-risk companies that would otherwise struggle to access finance to develop and grow. To ensure that the schemes are well targeted and deliver value for money, the government announced at the Autumn Statement the exclusion of all remaining energy generation activities from the schemes. This follows the exclusion of certain types of energy generation in 2012, 2014 and 2015, including most recently the announcement that the provision of reserve energy generating capacity and the generation of renewable energy benefiting from other government support by community energy organisations would be excluded from the schemes with effect from 30<sup>th</sup> November 2015, as well as from Social Investment Tax Relief when that scheme is expanded. These changes help to ensure that higher risk investments are not crowded out by lower risk investments.</p><br /><p>We will continue to work with the community energy sector over the coming months to develop a joint approach that addresses the priorities of the sector and satisfies our overarching objective of cost-effective emissions reductions.</p><br /> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 30/11/2015 14:52:46 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	4122 label Biography information for Alex Cunningham

1604925

	registered interest
	date	16/03/2023
	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, what steps his Department is taking to encourage private sector funding for renewables.
	tabling member constituency	Ceredigion
	tabling member printed	Ben Lake
	uin	167208
	answer	answer is ministerial correction date of answer 24/03/2023 answer text <p>The Contracts for Difference scheme is the Government’s main mechanism for supporting investment in new low-carbon electricity generation projects in Great Britain. This month we will be launching the Allocation Round 5, for which Government has set an initial budget of £205 million. Allocation rounds will now run annually to accelerate deployment and investment in renewable generation.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 24/03/2023 12:09:09 answering member 1482 label Biography information for Graham Stuart
	tabling member	4630 label Biography information for Ben Lake

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

1037080

	registered interest
	date	07/01/2019
	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 estimate he has made of the cost of supporting renewable generation over the next five years; and what assessment he has made of the potential merits of increasing the level of renewable levy exemptions available to UK steel producers.
	tabling member constituency	Newport East
	tabling member printed	Jessica Morden
	uin	205866
	answer	answer is ministerial correction date of answer 15/01/2019 answer text <p>The Office for Budget Responsibility published estimates of the costs of renewable generation at time of the Budget. Please see table 2.7 of the Supporting document entitled ‘<a href="https://emea01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fobr.uk%2Fefo%2Feconomic-fiscal-outlook-october-2018%2F&amp;data=02%7C01%7C%7C6cf9e21adf4044e6d8d908d676390573%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C636826384603279206&amp;sdata=BxkOgTna6XrjbjhQZ9VqwC9%2FBOTffTW1jWPp4RB04sQ%3D&amp;reserved=0" target="_blank">October 2018 Economic and fiscal outlook – supplementary fiscal tables: receipts and other</a>’.</p><p> </p><p>Eligible energy intensive businesses in the UK receive relief from up to 85% of the indirect costs of support for renewable electricity deployment through the Contracts for Difference, Renewables Obligation and small-scale Feed-in Tariff schemes. State aid rules set out that any additional relief above 85% must be limited to an amount that is determined by the business’s Gross Value Added (GVA). A decision to provide additional relief would therefore lead to companies producing the same product receiving different percentage levels of relief depending on their GVA. The Coalition Government consulted on providing additional relief from the indirect costs of renewable electricity as allowed under the state aid rules, but concluded that to do so could distort competition in the UK market. The Government keeps this assessment under review.</p><p> </p><p>Relief from renewable electricity costs is part of a wider package of measures to reduce the cumulative impact of energy and climate change policies on industrial electricity prices for key energy intensive industries. This includes a package of compensation for these industries worth over £850 million since 2013, of which more than £270 million has been provided to the steel sector.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 15/01/2019 14:58:09 answering member 3974 label Biography information for Claire Perry
	tabling member	1548 label Biography information for Jessica Morden

1078643

	registered interest
	date	27/02/2019
	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 effect of the Targeted Charging Review on the business case for renewable energy to be merchantable without subsidy.
	tabling member constituency	Southampton, Test
	tabling member printed	Dr Alan Whitehead
	uin	226482
	answer	answer is ministerial correction date of answer 07/03/2019 answer text <p>Ofgem’s Targeted Charging Review is seeking to ensure all parties connected to the electricity network make a fair contribution to the fixed network costs. As was outlined in the ‘After the Trilemma’ speech of 15 November 2018, it is important that we develop an energy system that discourages free riding and ensures a fair distribution of costs.</p><p> </p><p>Network charging is a matter for Ofgem as the independent regulator, and decisions on its Targeted Charging Review are for it to make. However, Government is working to understand the policy implications of Ofgem’s review proposals across a broad range of interests, including renewable energy. Ofgem’s published analysis shows there is a risk that the proposals could affect the investment decisions of some renewable energy projects, and this view is reflected in stakeholder feedback.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 07/03/2019 13:50:30 answering member 3974 label Biography information for Claire Perry
	tabling member	62 label Biography information for Dr Alan Whitehead

1166607

	registered interest
	date	28/10/2019
	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 she has plans to undertake a Contract for Difference allocation round for Pot 1 technologies.
	tabling member constituency	Strangford
	tabling member printed	Jim Shannon
	uin	6378
	answer	answer is ministerial correction date of answer 04/11/2019 answer text <p>The Government continues to consider this issue carefully and will update the House in due course.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 04/11/2019 12:30:27 answering member 4134 label Biography information for Kwasi Kwarteng
	tabling member	4131 label Biography information for Jim Shannon