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1535318

	registered interest
	date	24/10/2022
	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	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government how much consumers were paid back from renewable energy schemes signed up to the Contracts for Difference schemes in the two quarters since April this year.
	tabling member printed	Baroness Jones of Moulsecoomb
	uin	HL2825
	answer	answer is ministerial correction date of answer 08/11/2022 answer text <p>Renewable generators signed up to the Contracts for Difference scheme make payments to energy suppliers, rather than directly to consumers.</p><p>The total CfD payments made to suppliers relating to the last two quarters was:</p><p>£258,813,576.63.</p> answering member printed Lord Callanan question first answered 08/11/2022 12:22:16 answering member 4336 label Biography information for Lord Callanan
	tabling member	4297 label Biography information for Baroness Jones of Moulsecoomb

1580972

	registered interest
	date	25/01/2023
	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	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what steps they are taking to support (1) community energy, and (2) local energy development; and what funds they make available for such schemes.
	tabling member printed	Lord Taylor of Warwick
	uin	HL5113
	answer	answer is ministerial correction date of answer 08/02/2023 answer text <p>Through government funding to local authorities, including the Local Government Finance Settlement, UK-wide growth funding schemes and other grant programmes, the Government is enabling local areas to tackle net zero goals in ways that best suit their needs.</p><p>The Government also funds five Local Net Zero Hubs to support local authorities to develop net zero projects and attract commercial investment. As of January 2023, the Local Net Zero Hubs are working on a pipeline of projects with a projected total capital value of over £4billion.</p><p>Ofgem also supports community energy projects and is now welcoming applications from community interest groups, co-operative societies, and community benefit societies to the Industry Voluntary Redress Scheme.</p> answering member printed Lord Callanan question first answered 08/02/2023 14:08:11 answering member 4336 label Biography information for Lord Callanan
	tabling member	1796 label Biography information for Lord Taylor of Warwick

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