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1230742

registered interest
date	02/09/2020
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
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 take steps increase or lift the capacity cap in future Contracts for Difference allocation rounds.
tabling member constituency	Mid Derbyshire
tabling member printed	Mrs Pauline Latham
uin	84214
answer	answer is ministerial correction date of answer 10/09/2020 answer text <p>Capacity caps can drive competitive auctions and deliver value for money for consumers.</p><p> </p><p>A capacity cap was first deployed in the third Contract for Difference auction in 2019, which secured nearly twice the capacity of the previous auction with a 30% reduction in clearing prices.</p><p> </p><p>We will publish auction parameters well in advance of the next auction in 2021, taking into account our ambitions for net zero.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 10/09/2020 12:57:36 answering member 4134 label Biography information for Kwasi Kwarteng
tabling member	4025 label Biography information for Mrs Pauline Latham

1230743

registered interest
date	02/09/2020
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
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 plans he has to apply any capacity caps as soft instead of hard constraints in future Contracts for Difference allocation rounds.
tabling member constituency	Mid Derbyshire
tabling member printed	Mrs Pauline Latham
uin	84215
answer	answer is ministerial correction date of answer 10/09/2020 answer text <p>In March this year, the Government published a consultation on proposals to amend the Contracts for Difference scheme for future allocation rounds. This included options to introduce flexibility in the use of capacity caps as either a 'hard' or 'soft' constraint. The consultation closed on 29 May and responses are being analysed. A government response to this consultation will be published in due course.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 10/09/2020 12:59:00 answering member 4134 label Biography information for Kwasi Kwarteng
tabling member	4025 label Biography information for Mrs Pauline Latham

1230744

registered interest
date	02/09/2020
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
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 adjustments he plans to make to future Contracts for Difference allocation rounds to accommodate unprecedented competition for contracts.
tabling member constituency	Mid Derbyshire
tabling member printed	Mrs Pauline Latham
uin	84216
answer	answer is ministerial correction date of answer 10/09/2020 answer text <p>The Government considers a range of matters when setting the parameters for Contracts for Difference auctions, including our ambitious decarbonisation objectives, the anticipated pipeline of eligible projects, competition, and consumer costs. We will publish auction parameters well in advance of the next auction in 2021.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 10/09/2020 13:00:17 answering member 4134 label Biography information for Kwasi Kwarteng
tabling member	4025 label Biography information for Mrs Pauline Latham

1230746

registered interest
date	02/09/2020
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
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how he plans to diversify the Pot structure of Contracts for Difference to ensure optimal auction results.
tabling member constituency	Mid Derbyshire
tabling member printed	Mrs Pauline Latham
uin	84217
answer	answer is ministerial correction date of answer 10/09/2020 answer text <p>In March this year, the Government published a consultation on proposals to amend the Contracts for Difference scheme for future allocation rounds. This included options for changes to the current pot structure. The consultation closed on 29 May and responses are being analysed. A Government response to this consultation will be published in due course.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 10/09/2020 13:01:45 answering member 4134 label Biography information for Kwasi Kwarteng
tabling member	4025 label Biography information for Mrs Pauline Latham

1230747

registered interest
date	02/09/2020
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: Job Creation
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 he plans to take to encourage the creation of new jobs in the renewable energy sector as part of the economic recovery from the effect of covid-19.
tabling member constituency	Mid Derbyshire
tabling member printed	Mrs Pauline Latham
uin	84218
answer	answer is ministerial correction date of answer 10/09/2020 answer text <p>As we recover from COVID-19, the Government intends to deliver a UK economy which is greener, more sustainable and more resilient. The UK already has over 460,000 jobs in low carbon businesses and their supply chains and it is estimated that the low-carbon economy could grow more than four times faster than the rest of the economy between 2015 and 2030 and support up to 2 million jobs.</p><p>The Contracts for Difference (CfD) scheme is the government’s main mechanism for supporting new large-scale renewable electricity generation projects in Great Britain.</p><p>In the latest CfD allocation round 12 new renewable electricity projects were awarded contracts at record low costs across a range of technologies, which could see the creation of 8,000 jobs across the UK.</p><p>Offshore wind employs around 14,000 people in the UK. The Offshore Wind Sector Deal that was agreed last year between the government and industry aims to increase UK employment to 27,000 jobs by 2030 - these jobs will support communities right across the UK.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 10/09/2020 13:03:56 answering member 4134 label Biography information for Kwasi Kwarteng
tabling member	4025 label Biography information for Mrs Pauline Latham

1230749

registered interest
date	02/09/2020
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
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 he will take to ensure that technologies with long-term potential for decarbonisation are not adversely affected by the Contracts for Difference auction model.
tabling member constituency	Mid Derbyshire
tabling member printed	Mrs Pauline Latham
uin	84219
answer	answer is ministerial correction date of answer 10/09/2020 answer text <p>In March this year, the Government published a consultation on proposals to amend the Contracts for Difference scheme for future allocation rounds. This included options for changes to the current pot structure to ensure it continues to reflect changes in expected costs across technologies and best supports our ambitions for long term decarbonisation. The consultation closed on 29 May and responses are being analysed. A Government response to this consultation will be published in due course.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 10/09/2020 13:05:07 answering member 4134 label Biography information for Kwasi Kwarteng
tabling member	4025 label Biography information for Mrs Pauline Latham