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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

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

1713821

	registered interest
	date	25/04/2024
	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 assessment her Department has made of the potential merits of increasing the budget for Pot 1 of the Contracts for Difference AR6 to ensure that Government targets for established technologies are met.
	tabling member constituency	Angus
	tabling member printed	Dave Doogan
	uin	23796
	answer	answer is ministerial correction date of answer 30/04/2024 answer text <p>National Grid ESO (NG ESO) is currently assessing applications to Allocation Round 6 of the Contracts for Difference scheme. Later this year, the Secretary of State will have an opportunity to review the budget following receipt of the formal valuation of applications from NG ESO.</p> answering member constituency West Aberdeenshire and Kincardine answering member printed Andrew Bowie question first answered 30/04/2024 16:04:22 answering member 4601 label Biography information for Andrew Bowie
	tabling member	4736 label Biography information for Dave Doogan

1713822

	registered interest
	date	25/04/2024
	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 has made an assessment of the potential impact of lowering the market reference prices for the Contracts for Difference AR6 on the (a) budget that can be allocated to projects during the auction, (b) number of projects that can be awarded in that round and (c) total capacity that will be secured through AR6.
	tabling member constituency	Angus
	tabling member printed	Dave Doogan
	uin	23797
	answer	answer is ministerial correction date of answer 30/04/2024 answer text <p>The reference prices we use for the Contracts for Difference budget are an output from the Department’s main power model and are characteristic of decarbonisation pathways that are net-zero consistent.</p><p> </p><p>Budgets are set based on a wide range of factors such as an assessment of the pipeline of projects that could participate in the auction, rather than being a pre-determined monetary constraint. If reference prices were higher or lower, the budget would change accordingly, and approximately the same capacity would likely be successful in the auction.</p> answering member constituency West Aberdeenshire and Kincardine answering member printed Andrew Bowie question first answered 30/04/2024 16:05:35 answering member 4601 label Biography information for Andrew Bowie
	tabling member	4736 label Biography information for Dave Doogan

1714026

	registered interest
	date	26/04/2024
	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, with reference to Appendix 2 of the Contracts for Difference AR6 Allocation Framework 2024, Appendix 2 of the Contracts for Difference AR5 Allocation Framework 2023 and Appendix 2 of the Contracts for Difference AR4 Allocation Framework 2021, what methodology her Department used to calculate the market reference prices for the years 2026-27 to 2030-31; and for what reason it has been set lower than previous Contracts for Difference Allocation Rounds.
	tabling member constituency	Angus
	tabling member printed	Dave Doogan
	uin	23952
	answer	answer is ministerial correction date of answer 01/05/2024 answer text <p>As set out in the accompanying note to the Budget Notice[1], the reference prices we use for the CfD budget are an output from the Department’s main power model and are characteristic of decarbonisation pathways that are net-zero consistent. Wholesale electricity prices are driven by many factors including electricity demand profiles, the plants that generate to meet this demand, as well as fuel price assumptions and carbon price assumptions. Changes in reference prices between rounds depend on the assumptions used in power modelling and the delivery years for each allocation round.</p><p> </p><p>[1] The accompanying note to the Budget Notice can be found here:</p><p><a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fpublications%2Fcontracts-for-difference-cfd-allocation-round-6-statutory-notices&amp;data=05%7C02%7CParliamentary.PQ%40energysecurity.gov.uk%7C9ba5023041b04ec6760908dc692d94b9%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638500891684410764%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=WunRH0cV5boaGDFHmPM1SJU%2BmksN%2FI1bxKETyzzMG1A%3D&amp;reserved=0" target="_blank">https://www.gov.uk/government/publications/contracts-for-difference-cfd-allocation-round-6-statutory-notices</a></p><p> </p> answering member constituency West Aberdeenshire and Kincardine answering member printed Andrew Bowie question first answered 01/05/2024 05:23:52 answering member 4601 label Biography information for Andrew Bowie
	tabling member	4736 label Biography information for Dave Doogan

1718035

	registered interest
	date	14/05/2024
	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, pursuant to the Answer of 30 April 2024 to Question 23797 on Renewable Energy: Finance, what approximate capacity her Department expects to be successful for the Contracts for Difference AR6.
	tabling member constituency	Angus
	tabling member printed	Dave Doogan
	uin	26275
	answer	answer is ministerial correction date of answer 17/05/2024 answer text <p>National Grid ESO are now reviewing the applications against Contracts for Difference qualification criteria. The volume of capacity successful will depend on a range of factors including the volume of eligible applications, and subsequent bid prices. We cannot pre-judge the outcome of AR6.</p> answering member constituency West Aberdeenshire and Kincardine answering member printed Andrew Bowie question first answered 17/05/2024 13:28:30 answering member 4601 label Biography information for Andrew Bowie
	tabling member	4736 label Biography information for Dave Doogan

1718932

	registered interest
	date	16/05/2024
	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 her planned timetable is for announcing the final revised budget for contracts for difference allocation round six.
	tabling member constituency	Angus
	tabling member printed	Dave Doogan
	uin	26758
	answer	answer is ministerial correction date of answer 21/05/2024 answer text <p>National Grid ESO are currently reviewing applications against the published CfD qualification criteria. The outcomes of this process will dictate timings for when my right hon. Friend the Secretary of State will decide whether an increase to the budget is appropriate. The different timeline scenarios are published here:</p><p> </p><p><a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.cfdallocationround.uk%2Fnews%2Far6-core-parameters-published&amp;data=05%7C02%7CParliamentary.PQ%40energysecurity.gov.uk%7C35c7daa723de42ec78e108dc79b43a4b%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638519062177322102%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=IJreLNHWN1BG7lCsxM7favds8S5jUAPhH4RxKjTlCxU%3D&amp;reserved=0" target="_blank">https://www.cfdallocationround.uk/news/ar6-core-parameters-published</a></p> answering member constituency West Aberdeenshire and Kincardine answering member printed Andrew Bowie question first answered 21/05/2024 16:39:40 answering member 4601 label Biography information for Andrew Bowie
	tabling member	4736 label Biography information for Dave Doogan

1685512

	registered interest
	date	29/01/2024
	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, if her Department will allocate funding to (a) planning authorities and (b) statutory consultees to help reduce approval times for renewable (i) generation and (ii) storage projects.
	tabling member constituency	Bath
	tabling member printed	Wera Hobhouse
	uin	11839
	answer	answer is ministerial correction date of answer 05/02/2024 answer text <p>Measures for improving resource and capability in the Planning Inspectorate and statutory consultees were set out in the Nationally significant Infrastructure Planning Action Plan published by the Department for Levelling Up Housing and Local Communities in February last year (<a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fpublications%2Fnationally-significant-infrastructure-projects-nsip-reforms-action-plan%2Fnationally-significant-infrastructure-action-plan-for-reforms-to-the-planning-process&amp;data=05%7C02%7CParliamentary.PQ%40energysecurity.gov.uk%7C6960772f53754e6c7f1a08dc26447f7b%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638427322844915980%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=6cM9lGBoSaWVbF72oIu0rMQNdS6tr8rLBwPACev%2BXfU%3D&amp;reserved=0" target="_blank">https://www.gov.uk/government/publications/nationally-significant-infrastructure-projects-nsip-reforms-action-plan/nationally-significant-infrastructure-action-plan-for-reforms-to-the-planning-process</a>), and were then consulted on in July last year. In parallel, provisions for cost recovery were included in the Levelling Up and Regeneration Act. That is now being taken forward. This Department does not plan to allocate additional funding to these bodies.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 05/02/2024 12:25:12 answering member 1482 label Biography information for Graham Stuart
	tabling member	4602 label Biography information for Wera Hobhouse

829885

	registered interest
	date	24/01/2018
	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, with reference to the Clean Growth Strategy, published on 12 October 2017, if his Department will make an assessment of the potential merits of reducing funding to biomass conversion and increase the resources available for wind and solar energy exploitation.
	tabling member constituency	Bath
	tabling member printed	Wera Hobhouse
	uin	124642
	answer	answer is ministerial correction date of answer 01/02/2018 answer text <p>Renewable technologies now form a significant part of the UK’s energy mix, and the recent Clean Growth Strategy sets out policies to continue the expansion of the low carbon electricity sector. Coal to biomass conversions are a transitional technology in the decarbonisation of electricity, with all support under the renewables obligation and contracts for difference (CfD) schemes ending in 2027. We are improving the route to market for renewable technologies such as offshore wind by making up to £557m available for further CfD auctions, and working with industry to develop an ambitious Sector Deal for offshore wind which could result in 10 gigawatts of new capacity. No decisions have been made on further CfD auctions for the Pot 1 technologies.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 01/02/2018 11:48:03 answering member 3974 label Biography information for Claire Perry
	tabling member	4602 label Biography information for Wera Hobhouse