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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
star 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 remove maximum value filtermore 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
unstar this property tabling member
1548
unstar this property label Biography information for Jessica Morden more like this
830415
star this property registered interest false more like this
star this property date less than 2018-01-25more like thismore than 2018-01-25
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
star 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 UK's contribution to the global growth in investment in renewable energy. more like this
star this property tabling member constituency Birmingham, Selly Oak more like this
star this property tabling member printed
Steve McCabe more like this
star this property uin 124981 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 2018-02-01more like thismore than 2018-02-01
star this property answer text <p>Our support for clean energy has produced world leading results.</p><p> </p><p>Continuing investment has ensured that we have the largest installed offshore wind capacity in the world.</p><p> </p><p>The UK’s leadership in financing clean growth is already emerging, with more than 60 green bonds listed on the London Stock Exchange, raising over $20 billion across seven currencies.</p><p> </p><p>Globally the UK is among the largest contributors of climate finance, committing to provide at least £5.8 billion from 2016 to 2020, to help developing countries mitigate and adapt to the impacts of climate change and support cleaner economic growth.</p><p> </p><p>Data recently released by the Office for National Statistics shows continued strong growth for our low carbon businesses - turnover was up 5% in 2016, employee numbers grew more than 3% and exports are up 1.4%. It is yet more proof of the importance of our clean tech sector to the British and global economy.</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 2018-02-01T17:18:48.32Zmore like thisremove minimum value filter
star this property answering member
3974
star this property label Biography information for Claire Perry more like this
unstar this property tabling member
298
unstar this property label Biography information for Steve McCabe more like this
923587
star this property registered interest false more like this
star this property date less than 2018-06-13more like thismore than 2018-06-13
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
star 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, if he will publish the post-FIT consultation framework and the allocation of funding to onshore and solar power. more like this
star this property tabling member constituency Glasgow South West more like this
star this property tabling member printed
Chris Stephens more like this
star this property uin 153363 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 2018-06-19more like thismore than 2018-06-19
star this property answer text <p>We are considering options for small-scale low carbon generation beyond 2019, including onshore wind and solar, and a consultation on the Feed-in Tariff scheme will be published in due course.</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 2018-06-19T15:55:08.09Zmore like thismore than 2018-06-19T15:55:08.09Z
star this property answering member
3974
star this property label Biography information for Claire Perry more like this
unstar this property tabling member
4463
unstar this property label Biography information for Chris Stephens more like this