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1347306
registered interest false more like this
date less than 2021-07-15more like thismore than 2021-07-15
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 Renewable Energy: Finance 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 his Department is taking to ensure that the Contracts for Difference scheme provides sufficient long-term visibility to investors making financial decisions. more like this
tabling member constituency Southampton, Test more like this
tabling member printed
Dr Alan Whitehead more like this
uin 33834 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-07-20more like thismore than 2021-07-20
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> more like this
answering member constituency Berwick-upon-Tweed more like this
answering member printed Anne-Marie Trevelyan more like this
question first answered
less than 2021-07-20T16:23:02.397Zmore like thismore than 2021-07-20T16:23:02.397Z
answering member
4531
label Biography information for Anne-Marie Trevelyan more like this
tabling member
62
label Biography information for Dr Alan Whitehead more like this