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1671713

registered interest
date	21/11/2023
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	To ask the Chancellor of the Exchequer, if he will make it his policy to use revenue generated by new North Sea oil and gas licensing to fund green energy initiatives.
tabling member constituency	Birmingham, Hall Green
tabling member printed	Tahir Ali
uin	2943
answer	answer is ministerial correction date of answer 29/11/2023 answer text <p>The Government is of the view that spending and taxation decisions should be made separately to avoid limiting the ability to manage the public finances flexibly.</p> answering member constituency Grantham and Stamford answering member printed Gareth Davies question first answered 29/11/2023 15:04:40 answering member 4850 label Biography information for Gareth Davies
tabling member	4747 label Biography information for Tahir Ali

1669464

registered interest
date	13/11/2023
answering body	Department for Energy Security and Net Zero
answering dept id	215
answering dept short name	Energy Security and Net Zero
answering dept sort name	Energy Security and Net Zero
hansard heading	Renewable Energy: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy Security and Net Zero, what assessment she has made of the adequacy of the contract for difference scheme.
tabling member constituency	East Lothian
tabling member printed	Kenny MacAskill
uin	1726
answer	answer is ministerial correction date of answer 21/11/2023 answer text <p>Since 2014, the Contracts for Difference scheme has proven itself highly effective at driving deployment of large-scale renewables while rapidly reducing costs. The scheme has now contracted over 30GW of new low-carbon capacity, including 20GW of offshore wind. The Government continuously reviews the scheme to ensure it remains fit-for-purpose as our electricity system evolves and we work towards our net zero ambitions. In 2022, the Government published a three-phase evaluation of the scheme, which found that the scheme was meeting its objectives. <a href="http://wqa.parliament.uk" target="_blank"><sup>[1]</sup></a></p><p> </p><p><a href="http://wqa.parliament.uk" target="_blank"><sup>[1]</sup></a><a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fpublications%2Fevaluation-of-the-contracts-for-difference-scheme&amp;data=05%7C01%7CParliamentary.PQ%40energysecurity.gov.uk%7Cd1f8e4f936ba4caad2d208dbe9e03818%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638360921454431797%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=72IdjwUzDFhwc2riVLiQ9NeO8Ktb7MhHNpeV9cK31yI%3D&amp;reserved=0" target="_blank">https://www.gov.uk/government/publications/evaluation-of-the-contracts-for-difference-scheme</a></p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 21/11/2023 07:44:19 answering member 1482 label Biography information for Graham Stuart
tabling member	4772 label Biography information for Kenny MacAskill

1668854

registered interest
date	09/11/2023
answering body	Department for Energy Security and Net Zero
answering dept id	215
answering dept short name	Energy Security and Net Zero
answering dept sort name	Energy Security and Net Zero
hansard heading	Renewable Energy: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy Security and Net Zero, how her Department plans to take into account changes in the level of costs when setting the Administrative Strike Price for renewable technologies in Allocation Round 6 of the Contracts for Difference.
tabling member constituency	Orkney and Shetland
tabling member printed	Mr Alistair Carmichael
uin	1047
answer	answer is ministerial correction date of answer 17/11/2023 answer text <p>The Government reviews auction parameters, including Administrative Strike Prices, ahead of every Contracts for Difference allocation round. Considering recent price volatility and that no offshore wind technologies were successful in Allocation Round 5, the Government has conducted a thorough review of its cost assumptions ahead of Allocation Round 6. The Government will set parameters that reflect the Contracts for Difference scheme’s objective to encourage low-carbon generation whilst considering net zero commitments, energy security and the likely cost to consumers. Core parameters for Allocation Round 6 will be published in November 2023.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart grouped question UIN 1048 question first answered 17/11/2023 07:56:30 answering member 1482 label Biography information for Graham Stuart
tabling member	1442 label Biography information for Mr Alistair Carmichael

1668855

registered interest
date	09/11/2023
answering body	Department for Energy Security and Net Zero
answering dept id	215
answering dept short name	Energy Security and Net Zero
answering dept sort name	Energy Security and Net Zero
hansard heading	Renewable Energy: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy Security and Net Zero, if she will make an assessment of the potential merits of a 50% increase in Administrative Strike Prices; and whether an increase in those Prices applies to all renewable technologies in Allocation Round 6.
tabling member constituency	Orkney and Shetland
tabling member printed	Mr Alistair Carmichael
uin	1048
answer	answer is ministerial correction date of answer 17/11/2023 answer text <p>The Government reviews auction parameters, including Administrative Strike Prices, ahead of every Contracts for Difference allocation round. Considering recent price volatility and that no offshore wind technologies were successful in Allocation Round 5, the Government has conducted a thorough review of its cost assumptions ahead of Allocation Round 6. The Government will set parameters that reflect the Contracts for Difference scheme’s objective to encourage low-carbon generation whilst considering net zero commitments, energy security and the likely cost to consumers. Core parameters for Allocation Round 6 will be published in November 2023.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart grouped question UIN 1047 question first answered 17/11/2023 07:56:30 answering member 1482 label Biography information for Graham Stuart
tabling member	1442 label Biography information for Mr Alistair Carmichael

1667624

registered interest
date	07/11/2023
answering body	Department for Energy Security and Net Zero
answering dept id	215
answering dept short name	Energy Security and Net Zero
answering dept sort name	Energy Security and Net Zero
hansard heading	Renewable Energy: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy Security and Net Zero, whether she plans to amend the methodology used to set administrative strike prices for all renewable technologies in the Contracts for Difference allocation round six.
tabling member constituency	Wyre Forest
tabling member printed	Mark Garnier
uin	195
answer	answer is ministerial correction date of answer 13/11/2023 answer text <p>The Government reviews auction parameters, including Administrative Strike Prices (ASP) and the ASP methodology, ahead of every Contracts for Difference Allocation Round. Considering recent price volatility and that no offshore wind technologies were successful in Allocation Round 5, the Government has conducted a thorough review of its cost assumptions ahead of Allocation Round 6. The Government is committed to ensuring that it sets the parameters at a level that would allow sustainably priced projects in the pipeline to compete in the auction. The ASP methodology will be published alongside core parameters in November 2023.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 13/11/2023 15:32:07 answering member 1482 label Biography information for Graham Stuart
tabling member	4074 label Biography information for Mark Garnier