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1127720
registered interest false more like this
date less than 2019-05-21more like thismore than 2019-05-21
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Renewable Energy: Finance remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text What recent assessment he has made of trends in the level of public funding for renewable energy since 2010. more like this
tabling member constituency Sefton Central more like this
tabling member printed
Bill Esterson more like this
uin 911018 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-05-21more like thismore than 2019-05-21
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
answering member constituency Newark more like this
answering member printed Robert Jenrick more like this
question first answered
less than 2019-05-21T13:43:49.577Zmore like thismore than 2019-05-21T13:43:49.577Z
answering member
4320
label Biography information for Robert Jenrick more like this
tabling member
4061
label Biography information for Bill Esterson more like this
1078643
registered interest false more like this
date less than 2019-02-27more like thismore than 2019-02-27
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Renewable Energy: Finance remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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
tabling member constituency Southampton, Test more like this
tabling member printed
Dr Alan Whitehead more like this
uin 226482 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-03-07more like thismore than 2019-03-07
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
answering member constituency Devizes more like this
answering member printed Claire Perry more like this
question first answered
less than 2019-03-07T13:50:30.127Zmore like thismore than 2019-03-07T13:50:30.127Z
answering member
3974
label Biography information for Claire Perry more like this
tabling member
62
label Biography information for Dr Alan Whitehead more like this
1037080
registered interest false more like this
date less than 2019-01-07more like thismore than 2019-01-07
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Renewable Energy: Finance remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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
tabling member constituency Newport East more like this
tabling member printed
Jessica Morden more like this
uin 205866 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-01-15more like thisremove minimum value filter
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>
answering member constituency Devizes more like this
answering member printed Claire Perry more like this
question first answered
less than 2019-01-15T14:58:09.217Zmore like thismore than 2019-01-15T14:58:09.217Z
answering member
3974
label Biography information for Claire Perry more like this
tabling member
1548
label Biography information for Jessica Morden more like this