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registered interest false more like this
date less than 2017-11-02more like thismore than 2017-11-02
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Wind Power: Seas and Oceans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what the offshore wind capital expenditure data was for each of the last two years; and what the evidential basis is for his Department's assessment of the fall in the cost of wind power. more like this
tabling member constituency Monmouth more like this
tabling member printed
David T. C. Davies more like this
uin 111098 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-11-10more like thismore than 2017-11-10
answer text <p>The Department does not hold data on capital expenditure for individual offshore wind projects. The Department’s latest projection of capital expenditure for generic offshore wind projects is published in Arup (2016): Review of Renewable Electricity Generation Cost and Technical Assumptions, and can be found here: <a href="https://www.gov.uk/government/publications/arup-2016-review-of-renewable-electricity-generation-cost-and-technical-assumptions" target="_blank">https://www.gov.uk/government/publications/arup-2016-review-of-renewable-electricity-generation-cost-and-technical-assumptions</a>.</p><p>The Contracts for Difference (CfD) Second Allocation Round results, which were announced on 11 September 2017, showed one offshore wind project commissioning in 2021/22 cleared at a strike price of £74.75/MWh (2012 prices) and two offshore wind projects commissioning in year 2022/23 cleared at a strike price of £57.50/MWh (2012 prices). Both these prices represent a saving on the administrative strike price set using the data from Arup (2016), indicating that offshore wind costs are falling.</p>
answering member constituency Watford more like this
answering member printed Richard Harrington more like this
question first answered
less than 2017-11-10T12:02:03.323Zmore like thismore than 2017-11-10T12:02:03.323Z
answering member
4068
label Biography information for Lord Harrington of Watford more like this
tabling member
1545
label Biography information for David T C Davies more like this