Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed question first answered answering member label
tabling member	label

Search

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

1347308

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 assessment his Department has made of the potential effect of allowing operational renewable projects access to the Contracts for Difference scheme on the accelerated deployment of renewables needed for the UK to attain its net-zero goal.
tabling member constituency	Southampton, Test
tabling member printed	Dr Alan Whitehead
uin	33836
answer	answer is ministerial correction date of answer 23/07/2021 answer text <p>The Contracts for Difference (CfD) scheme is designed to encourage low carbon generation and is open to a wide range of eligible renewable technologies. Under current eligibility criteria, renewable projects are not eligible to receive CfD support if they have already commenced generating. In a Government Response to a consultation published in November 2020 the government clarified the eligibility of part-built projects, i.e. those which have begun construction but have not commenced generating, stating that these projects are eligible to compete in the 2021 allocation round. We consider this achieves the right balance between accelerating deployment of renewables, whilst providing value for money for consumers by ensuring scheme costs are limited to what is necessary to legitimately stimulate deployment. We will keep this position under review.</p><p> </p> answering member constituency Berwick-upon-Tweed answering member printed Anne-Marie Trevelyan question first answered 23/07/2021 12:12:08 answering member 4531 label Biography information for Anne-Marie Trevelyan
tabling member	62 label Biography information for Dr Alan Whitehead