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860622
registered interest false more like this
date less than 2018-03-12more like thismore than 2018-03-12
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 Electricity Interconnectors remove filter
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, whether he has made an assessment of the effect of increased electricity interconnection on welfare. more like this
tabling member constituency Monmouth remove filter
tabling member printed
David T. C. Davies more like this
uin 131979 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-22more like thismore than 2018-03-22
answer text <p>Ofgem considers interconnectors’ contribution to welfare as part of their assessment for regulatory approval.</p><p>The first round of projects that received regulatory approval from Ofgem showed GB consumer welfare benefits of up to £12 billion over their 25 year regulated lifetimes.</p><p>The second round of projects that received regulatory approval from Ofgem (GridLink, NeuConnect, and NorthConnect) showed GB consumer welfare benefits of over £7 billion over their lifetimes.</p><p>The full details of Ofgem’s assessments for these projects, and a small number of other projects which have been assessed separately, can be found at</p><p><a href="https://www.ofgem.gov.uk/electricity/transmission-networks/electricity-interconnectors" target="_blank">https://www.ofgem.gov.uk/electricity/transmission-networks/electricity-interconnectors</a>.</p> more like this
answering member constituency Devizes more like this
answering member printed Claire Perry more like this
question first answered
less than 2018-03-22T11:27:58.137Zmore like thismore than 2018-03-22T11:27:58.137Z
answering member
3974
label Biography information for Claire Perry more like this
tabling member
1545
label Biography information for David T C Davies more like this
846280
registered interest false more like this
date less than 2018-02-21more like thismore than 2018-02-21
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 Electricity Interconnectors remove filter
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 steps are being taken to assess the (a) short and (b) long-term effect on UK power generation of a growth in interconnection. more like this
tabling member constituency Monmouth remove filter
tabling member printed
David T. C. Davies more like this
uin 128950 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-03-01more like thismore than 2018-03-01
answer text <p>The Government is committed to making sure consumers have secure, affordable and clean energy now and in the future, and the role of interconnection alongside other technologies in meeting this ambition in the short and long term was set out in our Clean Growth Strategy.</p><p> </p><p>Part of this strategy is ensuring that different technologies compete against each other. For example, the Capacity Market is delivering secure supplies of electricity to homes and businesses through technology neutral auctions that result in a mix of reliable capacity. As part of this, interconnectors help deliver energy security while reducing costs for consumers through increased competition. This year’s auction, in which around 2GW of new interconnector capacity cleared, saw the lowest price yet in the history of the capacity market. We assess the outcome of every Capacity Market auction to see what it means for Great Britain’s future energy security.</p> more like this
answering member constituency Devizes more like this
answering member printed Claire Perry more like this
question first answered
less than 2018-03-01T15:23:16.427Zmore like thismore than 2018-03-01T15:23:16.427Z
answering member
3974
label Biography information for Claire Perry more like this
tabling member
1545
label Biography information for David T C Davies more like this
515812
registered interest false more like this
date less than 2016-04-26more like thismore than 2016-04-26
answering body
Department for Energy and Climate Change more like this
answering dept id 63 more like this
answering dept short name Energy and Climate Change more like this
answering dept sort name Energy and Climate Change more like this
hansard heading Electricity Interconnectors remove filter
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 Energy and Climate Change, what steps the Government is taking to support international electricity connectors. more like this
tabling member constituency Monmouth remove filter
tabling member printed
David T. C. Davies more like this
uin 35661 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-04-29more like thismore than 2016-04-29
answer text <p>The Government is committed to increasing electricity interconnection with projects that support our energy objectives.</p><p> </p><p>A number of interconnection projects are already progressing under Ofgem’s regulatory regime1, designed to bring forward interconnection investment in the interest of GB consumers. This includes projects to France, Belgium, Norway, Denmark and Ireland, which have been assessed by Ofgem as offering over £11.8bn in consumer benefits. A second window for applications for the cap and floor project is open until 31 October and the Government is keen to see more projects coming forward that can deliver strong consumer benefits.</p><p> </p><p>The Government has also supported a number of mature interconnector projects to benefit from access to European grant funding as Projects of Common Interest.</p><p> </p><p>Together these projects represent billions of pounds of infrastructure investment and aim to more than double our interconnection capacity by the early 2020s. This will make Britain more energy secure and will help lower consumer bills.</p><p> </p><p><em><strong>[1]</strong></em><em> Source, Ofgem <a href="https://www.ofgem.gov.uk/publications-and-updates/decision-roll-out-cap-and-floor-regime-near-term-electricity-interconnectors" target="_blank">https://www.ofgem.gov.uk/publications-and-updates/decision-roll-out-cap-and-floor-regime-near-term-electricity-interconnectors</a></em></p><p> </p>
answering member constituency South Northamptonshire more like this
answering member printed Andrea Leadsom more like this
question first answered
less than 2016-04-29T14:13:42.717Zmore like thismore than 2016-04-29T14:13:42.717Z
answering member
4117
label Biography information for Andrea Leadsom more like this
tabling member
1545
label Biography information for David T C Davies more like this