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1691339

	registered interest
	date	23/02/2024
	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, how much funding has been allocated for the Contracts for Difference : Allocation Round 6.
	tabling member constituency	East Londonderry
	tabling member printed	Mr Gregory Campbell
	uin	15414
	answer	answer is ministerial correction date of answer 28/02/2024 answer text <p>The Budget Notice for Allocation Round 6 of the Contracts for Difference Scheme is due to be published by 13 March 2024. The Government seeks to set the budget at a level that supports competition and delivers on the deployment and value for money objectives of the scheme.</p> answering member constituency West Aberdeenshire and Kincardine answering member printed Andrew Bowie question first answered 28/02/2024 17:32:48 answering member 4601 label Biography information for Andrew Bowie
	tabling member	1409 label Biography information for Mr Gregory Campbell

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

1671713

	registered interest
	date	21/11/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Renewable Energy: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if he will make it his policy to use revenue generated by new North Sea oil and gas licensing to fund green energy initiatives.
	tabling member constituency	Birmingham, Hall Green
	tabling member printed	Tahir Ali
	uin	2943
	answer	answer is ministerial correction date of answer 29/11/2023 answer text <p>The Government is of the view that spending and taxation decisions should be made separately to avoid limiting the ability to manage the public finances flexibly.</p> answering member constituency Grantham and Stamford answering member printed Gareth Davies question first answered 29/11/2023 15:04:40 answering member 4850 label Biography information for Gareth Davies
	tabling member	4747 label Biography information for Tahir Ali

1669464

	registered interest
	date	13/11/2023
	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 she has made of the adequacy of the contract for difference scheme.
	tabling member constituency	East Lothian
	tabling member printed	Kenny MacAskill
	uin	1726
	answer	answer is ministerial correction date of answer 21/11/2023 answer text <p>Since 2014, the Contracts for Difference scheme has proven itself highly effective at driving deployment of large-scale renewables while rapidly reducing costs. The scheme has now contracted over 30GW of new low-carbon capacity, including 20GW of offshore wind. The Government continuously reviews the scheme to ensure it remains fit-for-purpose as our electricity system evolves and we work towards our net zero ambitions. In 2022, the Government published a three-phase evaluation of the scheme, which found that the scheme was meeting its objectives. <a href="http://wqa.parliament.uk" target="_blank"><sup>[1]</sup></a></p><p> </p><p><a href="http://wqa.parliament.uk" target="_blank"><sup>[1]</sup></a><a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fpublications%2Fevaluation-of-the-contracts-for-difference-scheme&amp;data=05%7C01%7CParliamentary.PQ%40energysecurity.gov.uk%7Cd1f8e4f936ba4caad2d208dbe9e03818%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638360921454431797%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=72IdjwUzDFhwc2riVLiQ9NeO8Ktb7MhHNpeV9cK31yI%3D&amp;reserved=0" target="_blank">https://www.gov.uk/government/publications/evaluation-of-the-contracts-for-difference-scheme</a></p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 21/11/2023 07:44:19 answering member 1482 label Biography information for Graham Stuart
	tabling member	4772 label Biography information for Kenny MacAskill

1668854

	registered interest
	date	09/11/2023
	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, how her Department plans to take into account changes in the level of costs when setting the Administrative Strike Price for renewable technologies in Allocation Round 6 of the Contracts for Difference.
	tabling member constituency	Orkney and Shetland
	tabling member printed	Mr Alistair Carmichael
	uin	1047
	answer	answer is ministerial correction date of answer 17/11/2023 answer text <p>The Government reviews auction parameters, including Administrative Strike Prices, ahead of every Contracts for Difference allocation round. Considering recent price volatility and that no offshore wind technologies were successful in Allocation Round 5, the Government has conducted a thorough review of its cost assumptions ahead of Allocation Round 6. The Government will set parameters that reflect the Contracts for Difference scheme’s objective to encourage low-carbon generation whilst considering net zero commitments, energy security and the likely cost to consumers. Core parameters for Allocation Round 6 will be published in November 2023.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart grouped question UIN 1048 question first answered 17/11/2023 07:56:30 answering member 1482 label Biography information for Graham Stuart
	tabling member	1442 label Biography information for Mr Alistair Carmichael

1668855

	registered interest
	date	09/11/2023
	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 she will make an assessment of the potential merits of a 50% increase in Administrative Strike Prices; and whether an increase in those Prices applies to all renewable technologies in Allocation Round 6.
	tabling member constituency	Orkney and Shetland
	tabling member printed	Mr Alistair Carmichael
	uin	1048
	answer	answer is ministerial correction date of answer 17/11/2023 answer text <p>The Government reviews auction parameters, including Administrative Strike Prices, ahead of every Contracts for Difference allocation round. Considering recent price volatility and that no offshore wind technologies were successful in Allocation Round 5, the Government has conducted a thorough review of its cost assumptions ahead of Allocation Round 6. The Government will set parameters that reflect the Contracts for Difference scheme’s objective to encourage low-carbon generation whilst considering net zero commitments, energy security and the likely cost to consumers. Core parameters for Allocation Round 6 will be published in November 2023.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart grouped question UIN 1047 question first answered 17/11/2023 07:56:30 answering member 1482 label Biography information for Graham Stuart
	tabling member	1442 label Biography information for Mr Alistair Carmichael

1667624

	registered interest
	date	07/11/2023
	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 she plans to amend the methodology used to set administrative strike prices for all renewable technologies in the Contracts for Difference allocation round six.
	tabling member constituency	Wyre Forest
	tabling member printed	Mark Garnier
	uin	195
	answer	answer is ministerial correction date of answer 13/11/2023 answer text <p>The Government reviews auction parameters, including Administrative Strike Prices (ASP) and the ASP methodology, ahead of every Contracts for Difference Allocation Round. Considering recent price volatility and that no offshore wind technologies were successful in Allocation Round 5, the Government has conducted a thorough review of its cost assumptions ahead of Allocation Round 6. The Government is committed to ensuring that it sets the parameters at a level that would allow sustainably priced projects in the pipeline to compete in the auction. The ASP methodology will be published alongside core parameters in November 2023.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 13/11/2023 15:32:07 answering member 1482 label Biography information for Graham Stuart
	tabling member	4074 label Biography information for Mark Garnier

1663397

	registered interest
	date	13/10/2023
	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 is taking steps to ensure that energy supplied from renewable sources only incurs a cost to the public purse when it is required on the grid.
	tabling member constituency	Vale of Glamorgan
	tabling member printed	Alun Cairns
	uin	201251
	answer	answer is ministerial correction date of answer 23/10/2023 answer text <p>The Government, through the Review of Electricity Market Arrangements (REMA) programme, is considering reforms needed to electricity market arrangements to drive the necessary investment and efficient operation of a secure, cost-effective, low-carbon electricity system. This includes Government schemes, such as the Renewable Obligation and Contract for Difference, that support the generation of renewable electricity.</p><p> </p><p>The Government will work with Ofgem, National Grid Electricity System Operator (ESO) and the Low Carbon Contracts Company (LCCC) to review and take appropriate steps, when necessary, to ensure that system costs associated with renewable generators' participation in the Balancing Mechanism offers the best value for money for consumers.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 23/10/2023 09:50:44 answering member 1482 label Biography information for Graham Stuart
	tabling member	4086 label Biography information for Alun Cairns

1604925

	registered interest
	date	16/03/2023
	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 steps his Department is taking to encourage private sector funding for renewables.
	tabling member constituency	Ceredigion
	tabling member printed	Ben Lake
	uin	167208
	answer	answer is ministerial correction date of answer 24/03/2023 answer text <p>The Contracts for Difference scheme is the Government’s main mechanism for supporting investment in new low-carbon electricity generation projects in Great Britain. This month we will be launching the Allocation Round 5, for which Government has set an initial budget of £205 million. Allocation rounds will now run annually to accelerate deployment and investment in renewable generation.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 24/03/2023 12:09:09 answering member 1482 label Biography information for Graham Stuart
	tabling member	4630 label Biography information for Ben Lake

1581376

	registered interest
	date	26/01/2023
	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	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department plans to provide a budget framework for Contracts for Difference auctions over the next 5 years.
	tabling member constituency	Ludlow
	tabling member printed	Philip Dunne
	uin	133590
	answer	answer is ministerial correction date of answer 03/02/2023 answer text <p>BEIS has set clear overall ambitions for renewables deployment to 2030 and beyond. Contracts for Difference Budgets are determined on a round by round basis based on requirements set out in the Energy Act 2013. In 2017, HM Treasury set out the Control for Low Carbon Levies which provides a budget framework for low carbon levies including Contracts for Difference.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 03/02/2023 11:06:03 answering member 1482 label Biography information for Graham Stuart
	tabling member	1542 label Biography information for Philip Dunne

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

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

1491336

	registered interest
	date	21/07/2022
	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	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential impact of the upcoming Contract for Difference Auction Round 4 on energy bills.
	tabling member constituency	Hendon
	tabling member printed	Dr Matthew Offord
	uin	41992
	answer	answer is ministerial correction date of answer 06/09/2022 answer text <p>The Government is committed to minimising energy costs for businesses and consumers.</p><p> </p><p>The precise bill impact of Allocation Round 4 (AR4) will be dependent on future wholesale electricity prices, which remain uncertain. Although difficult to predict with certainty, the Government expects AR4 to have a relatively small impact on household bills. AR4 will deliver capacity which is a critical part of the Government’s strategy to reduce system costs and will increase energy independence by contributing towards the transition to a low carbon electricity system.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 06/09/2022 14:12:44 answering member 1526 label Biography information for Greg Hands
	tabling member	4006 label Biography information for Dr Matthew Offord

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

1463729

	registered interest
	date	17/05/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Renewable Energy: Finance
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what fiscal steps he is taking to help increase the development of renewable energy.
	tabling member constituency	Rother Valley
	tabling member printed	Alexander Stafford
	uin	3791
	answer	answer is ministerial correction date of answer 23/05/2022 answer text Renewable energy has a central role in the Government’s decarbonisation and levelling-up ambitions. The Government recognises the economic benefits it can derive from renewable energy and is committed to developing these. The Government has taken a number of fiscal steps to support the deployment of renewable energy, including:<p> </p><p>We have moved to annual Contract for Difference auctions, bringing forward the next round to March 2023. This will help to encourage low-carbon generation and provide greater confidence to investors and supply chain companies.</p><p> </p><p>We are investing £160 million in offshore wind ports and the supply chain through the Offshore Wind Manufacturing and Investment Scheme (OWMIS) and have announced up to another £160 million to support development of the floating supply chain. We also recently announced £31 million of UK government funding, to be matched by industry, for research and development in this area.</p><p> </p><p>We have cut VAT rates on solar panels, and solar panel &amp; storage packages, down to 0% (from 5% and 20% respectively) to encourage installation.</p> answering member constituency Faversham and Mid Kent answering member printed Helen Whately question first answered 23/05/2022 08:48:12 answering member 4527 label Biography information for Helen Whately
	tabling member	4866 label Biography information for Alexander Stafford

1463730

	registered interest
	date	17/05/2022
	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	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential impact of the Contracts for Difference Allocation Round 4 on energy bills.
	tabling member constituency	Rother Valley
	tabling member printed	Alexander Stafford
	uin	3792
	answer	answer is ministerial correction date of answer 25/05/2022 answer text <p>I refer my hon. Friend to the answer I gave my hon. Friend the Member for Hendon on 24th May 2022 to Question <a href="https://questions-statements.parliament.uk/written-questions/detail/2022-05-16/2457" target="_blank">2457</a>.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 25/05/2022 09:06:53 answering member 1526 label Biography information for Greg Hands
	tabling member	4866 label Biography information for Alexander Stafford

1463031

	registered interest
	date	16/05/2022
	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	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential effect of the upcoming Contract for Difference Auction Round 4 on energy bills.
	tabling member constituency	Hendon
	tabling member printed	Dr Matthew Offord
	uin	2457
	answer	answer is ministerial correction date of answer 24/05/2022 answer text <p>The Government is committed to minimising energy costs for businesses and consumers. Contracts for Difference offer value-for-money to consumers and continue to deliver low prices. For example, between the first allocation round in 2015 and the last round in 2019, the price per unit (MWh) of offshore wind fell by around 65%.</p><p> </p><p>Competitive auctions are proven to be effective in helping to keep costs down and this year’s auction has been designed to keep the allocation process highly competitive. The impact will be dependent on the outcome of the competitive auction process; it is expected that this year’s round will have a small impact on household bills.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 24/05/2022 14:35:01 answering member 1526 label Biography information for Greg Hands
	tabling member	4006 label Biography information for Dr Matthew Offord

1439255

	registered interest
	date	09/03/2022
	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	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of further increasing investment in (a) onshore wind, (b) solar, (c) tidal and (d) other renewable energy sources such in order to further diversify energy generation in the UK; what steps he is taking to support the development of energy storage facilities; and what his planned timetable is for publishing the findings of the call for evidence on large scale, long duration energy storage.
	tabling member constituency	Ynys Môn
	tabling member printed	Virginia Crosbie
	uin	137456
	answer	answer is ministerial correction date of answer 14/03/2022 answer text <p>The Contracts for Difference (CfD) scheme is the Government’s main mechanism for supporting new low-carbon electricity generation projects in Great Britain. The fourth allocation round of the CfD scheme (AR4) opened on 13 December 2021 and aims to secure more low-carbon electricity capacity than the previous three rounds combined. AR4 is open to an expanded number of renewable technologies, including offshore wind, onshore wind, solar, tidal stream and floating offshore wind. In February, the Government also announced that the next CfD allocation round will be brought forward to March 2023, and future rounds will run annually, rather than every two years, thereafter. This will support renewable electricity producers and further drive deployment of renewable power.</p><p>In 2019 BEIS launched the Storage at Scale competition, which funded demonstration facilities for two innovative energy storage facilities. In 2021, BEIS launched a further programme, The Longer Duration Energy Storage competition. In February 2022, BEIS announced funding for 24 projects under this competition to perform engineering design or feasibility studies of their technologies. The Government is reviewing the responses to the Call for Evidence on large-scale, long-duration electricity storage, alongside analysis the Department commissioned on the role of this type of storage in the electricity system. The Government will publish a response in due course.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 14/03/2022 15:46:05 answering member 1526 label Biography information for Greg Hands
	tabling member	4859 label Biography information for Virginia Crosbie

1422003

	registered interest
	date	10/02/2022
	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	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has plans to implement the Contracts for Difference auction and allocation on an annual basis.
	tabling member constituency	Ross, Skye and Lochaber
	tabling member printed	Ian Blackford
	uin	122698
	answer	answer is ministerial correction date of answer 21/02/2022 answer text <p>On 9 February 2022, the Secretary of State announced that Contracts for Difference allocation rounds will be held on an annual basis from March 2023, when the next round (AR5) will open to applications.<sup><sup>[1]</sup></sup></p><p> </p><p> </p><p>[1] <a href="https://questions-statements.parliament.uk/written-statements/detail/2022-02-09/hcws600" target="_blank">https://questions-statements.parliament.uk/written-statements/detail/2022-02-09/hcws600</a></p><p> </p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 21/02/2022 16:40:24 answering member 1526 label Biography information for Greg Hands
	tabling member	4390 label Biography information for Ian Blackford

1418191

	registered interest
	date	31/01/2022
	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	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what the total amount of strike price top up payments made to companies under Contracts for Difference by the Low Carbon Contracts Company was in each of the last five years.
	tabling member constituency	North West Norfolk
	tabling member printed	James Wild
	uin	114957
	answer	answer is ministerial correction date of answer 08/02/2022 answer text <p>The Low Carbon Contracts Company publishes information on payments to projects supported by the Contracts for Difference scheme on their Data Portal[1].</p><p>[1] <a href="https://www.lowcarboncontracts.uk/dashboards/cfd/actuals-dashboards/historical-dashboard" target="_blank">https://www.lowcarboncontracts.uk/dashboards/cfd/actuals-dashboards/historical-dashboard</a></p><p> </p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 08/02/2022 15:25:26 answering member 1526 label Biography information for Greg Hands
	tabling member	4787 label Biography information for James Wild

1418192

	registered interest
	date	31/01/2022
	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	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what the total amount was of payments made by companies under Contracts for Difference to the Low Carbon Contracts Company when strike prices were below market prices in each of the last five years.
	tabling member constituency	North West Norfolk
	tabling member printed	James Wild
	uin	114958
	answer	answer is ministerial correction date of answer 09/02/2022 answer text <p>The Low Carbon Contracts Company publishes information on payments made by generators under the Contracts for Difference scheme on their Data Portal[1].</p><p> </p><p>[1] <a href="https://www.lowcarboncontracts.uk/dashboards/cfd/actuals-dashboards/historical-dashboard" target="_blank">https://www.lowcarboncontracts.uk/dashboards/cfd/actuals-dashboards/historical-dashboard</a></p><p> </p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 09/02/2022 18:16:20 answering member 1526 label Biography information for Greg Hands
	tabling member	4787 label Biography information for James Wild

1403637

	registered interest
	date	17/01/2022
	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	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what the estimated additional cost is to consumer bills of the financial commitments aligned with the Contracts for Difference Round 4 auction.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	105612
	answer	answer is ministerial correction date of answer 25/01/2022 answer text <p>The Government is committed to minimising energy costs for businesses and consumers. Contracts for Difference offer value-for-money to consumers and continue to deliver low prices. For example, between the first allocation round in 2015 and the most recent round in 2019, the price per unit (MWh) of offshore wind fell by around 65%.</p><p> </p><p>Competitive auctions are proven to be effective in helping to keep costs down, and this year’s auction has been designed to keep the allocation process highly competitive. The impact will be dependent on the outcome of the competitive auction process, its expectation is that this year’s round will have a relatively small impact on household bills.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 25/01/2022 16:58:18 answering member 1526 label Biography information for Greg Hands
	tabling member	4470 label Biography information for Alan Brown

1360290

	registered interest
	date	15/10/2021
	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, what assessment his Department has made of the potential impact of net negative generator payments on the Contracts for Difference Scheme.
	tabling member constituency	Wansbeck
	tabling member printed	Ian Lavery
	uin	57042
	answer	answer is ministerial correction date of answer 25/10/2021 answer text <p>Under the Contracts for Difference (CfD) scheme, a generator is paid the difference between the ‘strike price’ – a price for electricity reflecting the cost of investing in a particular low carbon technology – and the ‘reference price’ – a cost measure of the average GB market price for electricity. Generators have to pay back the difference to the Low Carbon Contracts Company (LCCC) when market prices are higher than the strike price.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 25/10/2021 17:02:47 answering member 1526 label Biography information for Greg Hands
	tabling member	4139 label Biography information for Ian Lavery

1349506

	registered interest
	date	22/07/2021
	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, what recent assessment he has made of (a) the potential merits of a larger number of Power Purchase Agreements in the UK electricity market and (b) the effect of those agreements on (i) Government subsidies provided to renewable energy generators through the Contract for Difference scheme and (ii) electricity cost for consumers; and if he will make a statement.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	38305
	answer	answer is ministerial correction date of answer 10/09/2021 answer text <p>The Government recognises that achieving our 2050 net zero target will require increased deployment across a range of renewable technologies. The UK's main support mechanism is the Contracts for Difference Scheme (CfD), which has been hugely successful at bringing forward large-scale renewable generation at low costs to the consumer.</p><p> </p><p>Power Purchase Agreements (PPAs) can improve the financial viability of renewable projects built without Government support. PPAs of this nature do not add to consumer levy costs, have the potential to create additional renewable generation capacity and can reduce overall demands on the grid if meeting the needs of large energy users. All routes to deploy cost effective low carbon generation are welcome and given our highly ambitious carbon budget and net zero targets, we anticipate that PPAs will be an important part of the landscape to complement Government mechanisms such as the CfD.</p> answering member constituency Berwick-upon-Tweed answering member printed Anne-Marie Trevelyan question first answered 10/09/2021 13:41:01 answering member 4531 label Biography information for Anne-Marie Trevelyan
	tabling member	4470 label Biography information for Alan Brown

1347306

	registered interest
	date	15/07/2021
	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, what steps his Department is taking to ensure that the Contracts for Difference scheme provides sufficient long-term visibility to investors making financial decisions.
	tabling member constituency	Southampton, Test
	tabling member printed	Dr Alan Whitehead
	uin	33834
	answer	answer is ministerial correction date of answer 20/07/2021 answer text <p>The Contracts for Difference (CfD) scheme has been successful in bringing forward renewable generation whilst also reducing the costs of technology and since its inception has become established as a route to bring forward investment at scale. As set out in my Rt. Hon. Friend the Prime Ministers’ Ten Point Plan for a Green Industrial Revolution, we have committed to holding regular CfD allocation rounds approximately every two years, and the next round will open in December 2021. The Department continues to keep the scheme under review to ensure it maintains a focus on investment certainty and stability to enable renewable deployment at scale. We recently concluded a Call for Evidence on this topic, seeking views to inform the future design and evolution of the CfD and will publish a response shortly.</p> answering member constituency Berwick-upon-Tweed answering member printed Anne-Marie Trevelyan question first answered 20/07/2021 16:23:02 answering member 4531 label Biography information for Anne-Marie Trevelyan
	tabling member	62 label Biography information for Dr Alan Whitehead