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1091273

	registered interest
	date	19/03/2019
	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	Biofuels and Wind Power: 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 why Contracts for Difference (CfD), for what reasons strike prices have been higher for dedicated biomass technologies than for offshore wind during CfD allocation rounds two and three.
	tabling member constituency	Stirling
	tabling member printed	Stephen Kerr
	uin	234221
	answer	answer is ministerial correction date of answer 26/03/2019 answer text <p>In CfD Allocation Round 2 dedicated biomass and offshore wind cleared at the same strike price of £74.75MWh for delivery year 2021/22.</p><p> </p><p>The Administrative Strike Prices (ASPs) set out the maximum support that the Government is willing to offer developers for each technology in a given delivery year. In setting the ASPs, the government has drawn upon the latest generation cost data, while also considering market conditions, policy considerations and other technology specific factors in order to encourage new investment whilst ensuring value for money for consumers.</p><p> </p><p>The methodology used to determine the draft ASPs for the third allocation round is published here: <a href="https://www.gov.uk/government/publications/contract-for-difference-cfd-third-allocation-round-methodology-used-to-set-administrative-strike-prices" target="_blank">https://www.gov.uk/government/publications/contract-for-difference-cfd-third-allocation-round-methodology-used-to-set-administrative-strike-prices</a></p><p> </p><p>CfDs are awarded in a series of competitive auctions, with the lowest price bids being successful as a means of driving cost reduction and project efficiencies.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 26/03/2019 15:27:32 answering member 3974 label Biography information for Claire Perry
	tabling member	4604 label Biography information for Stephen Kerr

1091274

	registered interest
	date	19/03/2019
	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	Biofuels and Wind Power: 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 if he will make it his policy to create parity under Contract for Difference allocation rounds two and three between dedicated biomass with CHP and offshore wind; and if he will make a statement.
	tabling member constituency	Stirling
	tabling member printed	Stephen Kerr
	uin	234222
	answer	answer is ministerial correction date of answer 26/03/2019 answer text <p>A draft budget notice was published in November 2018, which outlined the proposed Administrative Strike Prices (ASPs) for all technologies eligible to compete in the next allocation round, this notice can be found here: <a href="https://www.gov.uk/government/publications/contracts-for-difference-cfd-draft-budget-notice-for-the-third-allocation-round" target="_blank">https://www.gov.uk/government/publications/contracts-for-difference-cfd-draft-budget-notice-for-the-third-allocation-round</a></p><p> </p><p>In setting the ASPs, the government has drawn upon the latest generation cost data, while also considering market conditions, policy considerations and other technology specific factors in order to encourage new investment whilst ensuring value for money for consumers.</p><p> </p><p>The methodology used to determine the draft ASPs for the third allocation round is published here: <a href="https://www.gov.uk/government/publications/contract-for-difference-cfd-third-allocation-round-methodology-used-to-set-administrative-strike-prices" target="_blank">https://www.gov.uk/government/publications/contract-for-difference-cfd-third-allocation-round-methodology-used-to-set-administrative-strike-prices</a></p> answering member constituency Devizes answering member printed Claire Perry question first answered 26/03/2019 15:27:40 answering member 3974 label Biography information for Claire Perry
	tabling member	4604 label Biography information for Stephen Kerr