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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

1166607

registered interest
date	28/10/2019
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, whether she has plans to undertake a Contract for Difference allocation round for Pot 1 technologies.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	6378
answer	answer is ministerial correction date of answer 04/11/2019 answer text <p>The Government continues to consider this issue carefully and will update the House in due course.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 04/11/2019 12:30:27 answering member 4134 label Biography information for Kwasi Kwarteng
tabling member	4131 label Biography information for Jim Shannon

1127720

registered interest
date	21/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Renewable Energy: Finance
house id	1
legislature	25259 pref label House of Commons
question text	What recent assessment he has made of trends in the level of public funding for renewable energy since 2010.
tabling member constituency	Sefton Central
tabling member printed	Bill Esterson
uin	911018
answer	answer is ministerial correction date of answer 21/05/2019 answer text <p>The Government is committed to investing in renewable energy and our support has enabled the UK to become a world leader in clean growth with the fastest emissions reduction on a per person basis than any other G7 nation.</p><p> </p><p>We will spend £4.5 billion between 2016 and 2021 to support the development of renewable and low carbon heating through the Renewable Heat Incentive.</p><p> </p><p>The Government is also encouraging private sector innovation and £92 billion of private funding has been invested in clean energy in the UK since 2010.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 21/05/2019 13:43:49 answering member 4320 label Biography information for Robert Jenrick
tabling member	4061 label Biography information for Bill Esterson

1078643

registered interest
date	27/02/2019
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 effect of the Targeted Charging Review on the business case for renewable energy to be merchantable without subsidy.
tabling member constituency	Southampton, Test
tabling member printed	Dr Alan Whitehead
uin	226482
answer	answer is ministerial correction date of answer 07/03/2019 answer text <p>Ofgem’s Targeted Charging Review is seeking to ensure all parties connected to the electricity network make a fair contribution to the fixed network costs. As was outlined in the ‘After the Trilemma’ speech of 15 November 2018, it is important that we develop an energy system that discourages free riding and ensures a fair distribution of costs.</p><p> </p><p>Network charging is a matter for Ofgem as the independent regulator, and decisions on its Targeted Charging Review are for it to make. However, Government is working to understand the policy implications of Ofgem’s review proposals across a broad range of interests, including renewable energy. Ofgem’s published analysis shows there is a risk that the proposals could affect the investment decisions of some renewable energy projects, and this view is reflected in stakeholder feedback.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 07/03/2019 13:50:30 answering member 3974 label Biography information for Claire Perry
tabling member	62 label Biography information for Dr Alan Whitehead

1037080

registered interest
date	07/01/2019
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 estimate he has made of the cost of supporting renewable generation over the next five years; and what assessment he has made of the potential merits of increasing the level of renewable levy exemptions available to UK steel producers.
tabling member constituency	Newport East
tabling member printed	Jessica Morden
uin	205866
answer	answer is ministerial correction date of answer 15/01/2019 answer text <p>The Office for Budget Responsibility published estimates of the costs of renewable generation at time of the Budget. Please see table 2.7 of the Supporting document entitled ‘<a href="https://emea01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fobr.uk%2Fefo%2Feconomic-fiscal-outlook-october-2018%2F&amp;data=02%7C01%7C%7C6cf9e21adf4044e6d8d908d676390573%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C636826384603279206&amp;sdata=BxkOgTna6XrjbjhQZ9VqwC9%2FBOTffTW1jWPp4RB04sQ%3D&amp;reserved=0" target="_blank">October 2018 Economic and fiscal outlook – supplementary fiscal tables: receipts and other</a>’.</p><p> </p><p>Eligible energy intensive businesses in the UK receive relief from up to 85% of the indirect costs of support for renewable electricity deployment through the Contracts for Difference, Renewables Obligation and small-scale Feed-in Tariff schemes. State aid rules set out that any additional relief above 85% must be limited to an amount that is determined by the business’s Gross Value Added (GVA). A decision to provide additional relief would therefore lead to companies producing the same product receiving different percentage levels of relief depending on their GVA. The Coalition Government consulted on providing additional relief from the indirect costs of renewable electricity as allowed under the state aid rules, but concluded that to do so could distort competition in the UK market. The Government keeps this assessment under review.</p><p> </p><p>Relief from renewable electricity costs is part of a wider package of measures to reduce the cumulative impact of energy and climate change policies on industrial electricity prices for key energy intensive industries. This includes a package of compensation for these industries worth over £850 million since 2013, of which more than £270 million has been provided to the steel sector.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 15/01/2019 14:58:09 answering member 3974 label Biography information for Claire Perry
tabling member	1548 label Biography information for Jessica Morden