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1310993

registered interest
date	21/04/2021
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, how the Government plans to support the uptake of renewable energy projects while also stabilising their costs on the grid; and if he will make a statement.
tabling member constituency	Kilmarnock and Loudoun
tabling member printed	Alan Brown
uin	185430
answer	answer is ministerial correction date of answer 29/04/2021 answer text <p>Renewable deployment has been a huge success in the UK and renewable generation has more than quadrupled since 2010, totalling 37% of electricity generation in 2019 (source: Digest of UK Energy Statistics 2020). Our continued support has seen the cost of renewable technologies fall – the cost of offshore wind, for example, has fallen by more than two thirds since 2015.</p><p> </p><p>The Government has committed up to £557 million for future Contracts for Difference auctions, with the next allocation round due to take place later this year. We continue to evolve the Contracts for Difference scheme and have recently engaged with industry through a call for evidence, looking at how to balance enabling deployment with minimising system costs and, therefore, costs to consumers. This will be used to inform the design of future allocation rounds.</p><p> </p><p>The costs incurred by renewable energy projects when connecting to the grid are a matter for Ofgem, as the independent regulator. As part of its Access and Forward-Looking Charges Review, Ofgem is considering some relevant aspects of grid charges, and it plans to consult on reform proposals in 2021.</p> answering member constituency Berwick-upon-Tweed answering member printed Anne-Marie Trevelyan question first answered 29/04/2021 10:43:40 answering member 4531 label Biography information for Anne-Marie Trevelyan
tabling member	4470 label Biography information for Alan Brown

1201434

registered interest
date	08/06/2020
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: 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 annual contract for difference auctions; and if he will make a statement.
tabling member constituency	Kilmarnock and Loudoun
tabling member printed	Alan Brown
uin	56044
answer	answer is ministerial correction date of answer 16/06/2020 answer text <p>The Government keeps all aspects of the Contracts for Difference scheme under review on an ongoing basis. In 2018, the Government announced its intention to run auctions under the scheme every two years. The last auction took place in 2019, and the next is scheduled to take place in 2021. The Government recently consulted on a range of potential changes in connection with the 2021 auction and will respond to this consultation in due course.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 16/06/2020 14:23:09 answering member 4134 label Biography information for Kwasi Kwarteng
tabling member	4470 label Biography information for Alan Brown

1201435

registered interest
date	08/06/2020
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: 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 removing the capacity cap from contract for difference auctions; and if he will make a statement.
tabling member constituency	Kilmarnock and Loudoun
tabling member printed	Alan Brown
uin	56045
answer	answer is ministerial correction date of answer 16/06/2020 answer text <p>Capacity caps can drive competitive auctions and deliver value for money for consumers. In the absence of a capacity cap or similar constraint, competitors in Contract for Difference auctions would have no incentive to bid below the wholesale price of electricity. 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. We continue to keep all aspects of the Contracts for Difference Scheme under review and will publish auction parameters in due course.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 16/06/2020 14:27:29 answering member 4134 label Biography information for Kwasi Kwarteng
tabling member	4470 label Biography information for Alan Brown