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1486763
star this property registered interest false more like this
star this property date less than 2022-07-05more like thismore than 2022-07-05
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Renewable Energy: Finance remove filter
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what plans they have to update the investment allowance to support lower-carbon technologies. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL1513 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2022-07-19more like thismore than 2022-07-19
star this property 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> more like this
star this property answering member printed Baroness Penn more like this
star this property question first answered
less than 2022-07-19T11:57:45.513Zmore like thismore than 2022-07-19T11:57:45.513Z
star this property answering member
4726
star this property label Biography information for Baroness Penn more like this
star this property tabling member
1796
unstar this property label Biography information for Lord Taylor of Warwick more like this
1535318
star this property registered interest false more like this
star this property date less than 2022-10-24more like thismore than 2022-10-24
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
unstar this property hansard heading Renewable Energy: Finance remove filter
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property 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. more like this
star this property tabling member printed
Baroness Jones of Moulsecoomb more like this
star this property uin HL2825 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2022-11-08more like thismore than 2022-11-08
star this property 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> more like this
star this property answering member printed Lord Callanan more like this
star this property question first answered
less than 2022-11-08T12:22:16.83Zmore like thismore than 2022-11-08T12:22:16.83Z
star this property answering member
4336
star this property label Biography information for Lord Callanan more like this
star this property tabling member
4297
unstar this property label Biography information for Baroness Jones of Moulsecoomb more like this
1580972
star this property registered interest false more like this
star this property date less than 2023-01-25more like thismore than 2023-01-25
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
unstar this property hansard heading Renewable Energy: Finance remove filter
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property 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. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL5113 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2023-02-08more like thismore than 2023-02-08
star this property 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> more like this
star this property answering member printed Lord Callanan more like this
star this property question first answered
less than 2023-02-08T14:08:11.217Zmore like thismore than 2023-02-08T14:08:11.217Z
star this property answering member
4336
star this property label Biography information for Lord Callanan more like this
star this property tabling member
1796
unstar this property label Biography information for Lord Taylor of Warwick more like this
1037080
star this property registered interest false more like this
star this property date less than 2019-01-07more like thismore than 2019-01-07
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
unstar this property hansard heading Renewable Energy: Finance remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property 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. more like this
star this property tabling member constituency Newport East more like this
star this property tabling member printed
Jessica Morden more like this
star this property uin 205866 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-01-15more like thismore than 2019-01-15
star this property 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>
star this property answering member constituency Devizes more like this
star this property answering member printed Claire Perry more like this
star this property question first answered
less than 2019-01-15T14:58:09.217Zmore like thismore than 2019-01-15T14:58:09.217Z
star this property answering member
3974
star this property label Biography information for Claire Perry more like this
star this property tabling member
1548
unstar this property label Biography information for Jessica Morden more like this
1078643
star this property registered interest false more like this
star this property date less than 2019-02-27more like thismore than 2019-02-27
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
unstar this property hansard heading Renewable Energy: Finance remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property 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. more like this
star this property tabling member constituency Southampton, Test more like this
star this property tabling member printed
Dr Alan Whitehead more like this
star this property uin 226482 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-03-07more like thismore than 2019-03-07
star this property 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> more like this
star this property answering member constituency Devizes more like this
star this property answering member printed Claire Perry more like this
star this property question first answered
less than 2019-03-07T13:50:30.127Zmore like thismore than 2019-03-07T13:50:30.127Z
star this property answering member
3974
star this property label Biography information for Claire Perry more like this
star this property tabling member
62
unstar this property label Biography information for Dr Alan Whitehead more like this
1127720
star this property registered interest false more like this
star this property date less than 2019-05-21more like thismore than 2019-05-21
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
unstar this property hansard heading Renewable Energy: Finance remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text What recent assessment he has made of trends in the level of public funding for renewable energy since 2010. more like this
star this property tabling member constituency Sefton Central more like this
star this property tabling member printed
Bill Esterson more like this
star this property uin 911018 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-05-21more like thismore than 2019-05-21
star this property 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> more like this
star this property answering member constituency Newark more like this
star this property answering member printed Robert Jenrick more like this
star this property question first answered
less than 2019-05-21T13:43:49.577Zmore like thismore than 2019-05-21T13:43:49.577Z
star this property answering member
4320
star this property label Biography information for Robert Jenrick more like this
star this property tabling member
4061
unstar this property label Biography information for Bill Esterson more like this
1166607
star this property registered interest false more like this
star this property date less than 2019-10-28more like thismore than 2019-10-28
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
unstar this property hansard heading Renewable Energy: Finance remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property 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. more like this
star this property tabling member constituency Strangford more like this
star this property tabling member printed
Jim Shannon more like this
star this property uin 6378 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-11-04more like thismore than 2019-11-04
star this property answer text <p>The Government continues to consider this issue carefully and will update the House in due course.</p> more like this
star this property answering member constituency Spelthorne more like this
star this property answering member printed Kwasi Kwarteng more like this
star this property question first answered
less than 2019-11-04T12:30:27.07Zmore like thismore than 2019-11-04T12:30:27.07Z
star this property answering member
4134
star this property label Biography information for Kwasi Kwarteng more like this
star this property tabling member
4131
unstar this property label Biography information for Jim Shannon more like this
1201434
star this property registered interest false more like this
star this property date less than 2020-06-08more like thismore than 2020-06-08
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
unstar this property hansard heading Renewable Energy: Finance remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property 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. more like this
star this property tabling member constituency Kilmarnock and Loudoun more like this
star this property tabling member printed
Alan Brown more like this
star this property uin 56044 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2020-06-16more like thismore than 2020-06-16
star this property 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> more like this
star this property answering member constituency Spelthorne more like this
star this property answering member printed Kwasi Kwarteng more like this
star this property question first answered
less than 2020-06-16T14:23:09.127Zmore like thismore than 2020-06-16T14:23:09.127Z
star this property answering member
4134
star this property label Biography information for Kwasi Kwarteng more like this
star this property tabling member
4470
unstar this property label Biography information for Alan Brown more like this
1201435
star this property registered interest false more like this
star this property date less than 2020-06-08more like thismore than 2020-06-08
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
unstar this property hansard heading Renewable Energy: Finance remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property 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. more like this
star this property tabling member constituency Kilmarnock and Loudoun more like this
star this property tabling member printed
Alan Brown more like this
star this property uin 56045 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2020-06-16more like thismore than 2020-06-16
star this property 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> more like this
star this property answering member constituency Spelthorne more like this
star this property answering member printed Kwasi Kwarteng more like this
star this property question first answered
less than 2020-06-16T14:27:29.073Zmore like thismore than 2020-06-16T14:27:29.073Z
star this property answering member
4134
star this property label Biography information for Kwasi Kwarteng more like this
star this property tabling member
4470
unstar this property label Biography information for Alan Brown more like this
1221871
star this property registered interest false more like this
star this property date less than 2020-07-08more like thismore than 2020-07-08
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
unstar this property hansard heading Renewable Energy: Finance remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property 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. more like this
star this property tabling member constituency Rother Valley more like this
star this property tabling member printed
Alexander Stafford more like this
star this property uin 71213 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2020-07-17more like thismore than 2020-07-17
star this property 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> more like this
star this property answering member constituency Spelthorne more like this
star this property answering member printed Kwasi Kwarteng more like this
star this property question first answered
less than 2020-07-17T12:02:20.333Zmore like thismore than 2020-07-17T12:02:20.333Z
star this property answering member
4134
star this property label Biography information for Kwasi Kwarteng more like this
star this property tabling member
4866
unstar this property label Biography information for Alexander Stafford more like this