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1718932

registered interest
date	16/05/2024
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 her planned timetable is for announcing the final revised budget for contracts for difference allocation round six.
tabling member constituency	Angus
tabling member printed	Dave Doogan
uin	26758
answer	answer is ministerial correction date of answer 21/05/2024 answer text <p>National Grid ESO are currently reviewing applications against the published CfD qualification criteria. The outcomes of this process will dictate timings for when my right hon. Friend the Secretary of State will decide whether an increase to the budget is appropriate. The different timeline scenarios are published here:</p><p> </p><p><a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.cfdallocationround.uk%2Fnews%2Far6-core-parameters-published&amp;data=05%7C02%7CParliamentary.PQ%40energysecurity.gov.uk%7C35c7daa723de42ec78e108dc79b43a4b%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638519062177322102%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=IJreLNHWN1BG7lCsxM7favds8S5jUAPhH4RxKjTlCxU%3D&amp;reserved=0" target="_blank">https://www.cfdallocationround.uk/news/ar6-core-parameters-published</a></p> answering member constituency West Aberdeenshire and Kincardine answering member printed Andrew Bowie question first answered 21/05/2024 16:39:40 answering member 4601 label Biography information for Andrew Bowie
tabling member	4736 label Biography information for Dave Doogan

1718035

registered interest
date	14/05/2024
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, pursuant to the Answer of 30 April 2024 to Question 23797 on Renewable Energy: Finance, what approximate capacity her Department expects to be successful for the Contracts for Difference AR6.
tabling member constituency	Angus
tabling member printed	Dave Doogan
uin	26275
answer	answer is ministerial correction date of answer 17/05/2024 answer text <p>National Grid ESO are now reviewing the applications against Contracts for Difference qualification criteria. The volume of capacity successful will depend on a range of factors including the volume of eligible applications, and subsequent bid prices. We cannot pre-judge the outcome of AR6.</p> answering member constituency West Aberdeenshire and Kincardine answering member printed Andrew Bowie question first answered 17/05/2024 13:28:30 answering member 4601 label Biography information for Andrew Bowie
tabling member	4736 label Biography information for Dave Doogan

1714026

registered interest
date	26/04/2024
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, with reference to Appendix 2 of the Contracts for Difference AR6 Allocation Framework 2024, Appendix 2 of the Contracts for Difference AR5 Allocation Framework 2023 and Appendix 2 of the Contracts for Difference AR4 Allocation Framework 2021, what methodology her Department used to calculate the market reference prices for the years 2026-27 to 2030-31; and for what reason it has been set lower than previous Contracts for Difference Allocation Rounds.
tabling member constituency	Angus
tabling member printed	Dave Doogan
uin	23952
answer	answer is ministerial correction date of answer 01/05/2024 answer text <p>As set out in the accompanying note to the Budget Notice[1], the reference prices we use for the CfD budget are an output from the Department’s main power model and are characteristic of decarbonisation pathways that are net-zero consistent. Wholesale electricity prices are driven by many factors including electricity demand profiles, the plants that generate to meet this demand, as well as fuel price assumptions and carbon price assumptions. Changes in reference prices between rounds depend on the assumptions used in power modelling and the delivery years for each allocation round.</p><p> </p><p>[1] The accompanying note to the Budget Notice can be found here:</p><p><a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fpublications%2Fcontracts-for-difference-cfd-allocation-round-6-statutory-notices&amp;data=05%7C02%7CParliamentary.PQ%40energysecurity.gov.uk%7C9ba5023041b04ec6760908dc692d94b9%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638500891684410764%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=WunRH0cV5boaGDFHmPM1SJU%2BmksN%2FI1bxKETyzzMG1A%3D&amp;reserved=0" target="_blank">https://www.gov.uk/government/publications/contracts-for-difference-cfd-allocation-round-6-statutory-notices</a></p><p> </p> answering member constituency West Aberdeenshire and Kincardine answering member printed Andrew Bowie question first answered 01/05/2024 05:23:52 answering member 4601 label Biography information for Andrew Bowie
tabling member	4736 label Biography information for Dave Doogan