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1201434

	registered interest
	date	08/06/2020
	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 annual contract for difference auctions; and if he will make a statement.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	56044
	answer	answer is ministerial correction date of answer 16/06/2020 answer text <p>The Government keeps all aspects of the Contracts for Difference scheme under review on an ongoing basis. In 2018, the Government announced its intention to run auctions under the scheme every two years. The last auction took place in 2019, and the next is scheduled to take place in 2021. The Government recently consulted on a range of potential changes in connection with the 2021 auction and will respond to this consultation in due course.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 16/06/2020 14:23:09 answering member 4134 label Biography information for Kwasi Kwarteng
	tabling member	4470 label Biography information for Alan Brown

1201435

	registered interest
	date	08/06/2020
	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 removing the capacity cap from contract for difference auctions; and if he will make a statement.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	56045
	answer	answer is ministerial correction date of answer 16/06/2020 answer text <p>Capacity caps can drive competitive auctions and deliver value for money for consumers. In the absence of a capacity cap or similar constraint, competitors in Contract for Difference auctions would have no incentive to bid below the wholesale price of electricity. A capacity cap was first deployed in the third Contract for Difference auction in 2019, which secured nearly twice the capacity of the previous auction with a 30% reduction in clearing prices. We continue to keep all aspects of the Contracts for Difference Scheme under review and will publish auction parameters in due course.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 16/06/2020 14:27:29 answering member 4134 label Biography information for Kwasi Kwarteng
	tabling member	4470 label Biography information for Alan Brown

1310993

	registered interest
	date	21/04/2021
	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, how the Government plans to support the uptake of renewable energy projects while also stabilising their costs on the grid; and if he will make a statement.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	185430
	answer	answer is ministerial correction date of answer 29/04/2021 answer text <p>Renewable deployment has been a huge success in the UK and renewable generation has more than quadrupled since 2010, totalling 37% of electricity generation in 2019 (source: Digest of UK Energy Statistics 2020). Our continued support has seen the cost of renewable technologies fall – the cost of offshore wind, for example, has fallen by more than two thirds since 2015.</p><p> </p><p>The Government has committed up to £557 million for future Contracts for Difference auctions, with the next allocation round due to take place later this year. We continue to evolve the Contracts for Difference scheme and have recently engaged with industry through a call for evidence, looking at how to balance enabling deployment with minimising system costs and, therefore, costs to consumers. This will be used to inform the design of future allocation rounds.</p><p> </p><p>The costs incurred by renewable energy projects when connecting to the grid are a matter for Ofgem, as the independent regulator. As part of its Access and Forward-Looking Charges Review, Ofgem is considering some relevant aspects of grid charges, and it plans to consult on reform proposals in 2021.</p> answering member constituency Berwick-upon-Tweed answering member printed Anne-Marie Trevelyan question first answered 29/04/2021 10:43:40 answering member 4531 label Biography information for Anne-Marie Trevelyan
	tabling member	4470 label Biography information for Alan Brown

1349506

	registered interest
	date	22/07/2021
	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 recent assessment he has made of (a) the potential merits of a larger number of Power Purchase Agreements in the UK electricity market and (b) the effect of those agreements on (i) Government subsidies provided to renewable energy generators through the Contract for Difference scheme and (ii) electricity cost for consumers; and if he will make a statement.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	38305
	answer	answer is ministerial correction date of answer 10/09/2021 answer text <p>The Government recognises that achieving our 2050 net zero target will require increased deployment across a range of renewable technologies. The UK's main support mechanism is the Contracts for Difference Scheme (CfD), which has been hugely successful at bringing forward large-scale renewable generation at low costs to the consumer.</p><p> </p><p>Power Purchase Agreements (PPAs) can improve the financial viability of renewable projects built without Government support. PPAs of this nature do not add to consumer levy costs, have the potential to create additional renewable generation capacity and can reduce overall demands on the grid if meeting the needs of large energy users. All routes to deploy cost effective low carbon generation are welcome and given our highly ambitious carbon budget and net zero targets, we anticipate that PPAs will be an important part of the landscape to complement Government mechanisms such as the CfD.</p> answering member constituency Berwick-upon-Tweed answering member printed Anne-Marie Trevelyan question first answered 10/09/2021 13:41:01 answering member 4531 label Biography information for Anne-Marie Trevelyan
	tabling member	4470 label Biography information for Alan Brown

1403637

	registered interest
	date	17/01/2022
	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 estimated additional cost is to consumer bills of the financial commitments aligned with the Contracts for Difference Round 4 auction.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	105612
	answer	answer is ministerial correction date of answer 25/01/2022 answer text <p>The Government is committed to minimising energy costs for businesses and consumers. Contracts for Difference offer value-for-money to consumers and continue to deliver low prices. For example, between the first allocation round in 2015 and the most recent round in 2019, the price per unit (MWh) of offshore wind fell by around 65%.</p><p> </p><p>Competitive auctions are proven to be effective in helping to keep costs down, and this year’s auction has been designed to keep the allocation process highly competitive. The impact will be dependent on the outcome of the competitive auction process, its expectation is that this year’s round will have a relatively small impact on household bills.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 25/01/2022 16:58:18 answering member 1526 label Biography information for Greg Hands
	tabling member	4470 label Biography information for Alan Brown

1311861

	registered interest
	date	23/04/2021
	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, when his Department plans to publish its responses to the consultations on (a) Contracts for Difference (CfD): proposed amendments to the scheme 2020, (b) CfD: changes to Supply Chain Plans and the CfD contract and (c) CfD for low carbon electricity generation: new Supply Chain Plan questionnaire; whether he has discussed the findings of those consultations with representatives of the Low Carbon Contracts Company; and if he will ensure that responses to those consultations are published ahead of the start of the Contracts for Difference Fourth Allocation Round.
	tabling member constituency	Stockton North
	tabling member printed	Alex Cunningham
	uin	186165
	answer	answer is ministerial correction date of answer 28/04/2021 answer text <p>The Government published its <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fconsultations%2Fcontracts-for-difference-cfd-proposed-amendments-to-the-scheme-2020&amp;data=04%7C01%7CMatthew.Allen2%40beis.gov.uk%7C97c280b3c15743cef29b08d908b44a55%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C637550392694090387%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=kv8yjNW96InJxKFzUpWYftrlZifNZKmvUduHP9mBkvI%3D&amp;reserved=0" target="_blank">response to ‘Contracts for Difference (CfD): proposed amendments to the scheme 2020’</a> on 24 November 2020. The Government will publish responses to ‘CfD: changes to Supply Chain Plans and the CfD contract’ and ‘CfD for low carbon electricity generation: new Supply Chain Plan questionnaire’ shortly. The Government has discussed and will continue to discuss these policy changes with representatives of the Low Carbon Contracts Company. The Government responses and guidance on supply chain plans will be published ahead of the commencement of the Contracts for Difference Fourth Allocation Round to ensure that stakeholders have time to review policy changes before submitting applications.</p> answering member constituency Berwick-upon-Tweed answering member printed Anne-Marie Trevelyan question first answered 28/04/2021 15:41:46 answering member 4531 label Biography information for Anne-Marie Trevelyan
	tabling member	4122 label Biography information for Alex Cunningham

1221871

	registered interest
	date	08/07/2020
	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 a community energy contract for difference.
	tabling member constituency	Rother Valley
	tabling member printed	Alexander Stafford
	uin	71213
	answer	answer is ministerial correction date of answer 17/07/2020 answer text <p>Community projects are already entitled to apply for a contract for difference to build and operate a renewable electricity generating station, provided they satisfy the eligibility requirements of the scheme.</p><p> </p><p>The Government keeps all aspects of the Contracts for Difference scheme under review on an ongoing basis, and the next allocation round is scheduled to take place in 2021.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 17/07/2020 12:02:20 answering member 4134 label Biography information for Kwasi Kwarteng
	tabling member	4866 label Biography information for Alexander Stafford

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

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