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804347
star this property registered interest false more like this
star this property date less than 2017-12-11more like thismore than 2017-12-11
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
unstar this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Electricity: Prices more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans the Government has to ensure that UK consumers can benefit from the cheapest sources of electricity. more like this
star this property tabling member constituency Falkirk more like this
star this property tabling member printed
John McNally remove filter
star this property uin 118602 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2017-12-18more like thismore than 2017-12-18
unstar this property answer text <p>The design of the Capacity Market drives fierce competition with existing and new resources, of all technology types, competing together. These auctions allow the market to identify which technology type is cost efficient in delivering security of supply, creating good value outcomes for consumers. Similarly, the recent Contracts for Difference allocation round for low carbon generation has demonstrated that the costs of offshore wind have fallen significantly, driven by sustained competition for support.</p><p>We are also supporting an increase in Britain’s interconnection capacity by ensuring a stable regime under which interconnector developers can bring forward projects to enable access to cheaper electricity from Europe at times of peak demand.</p> more like this
star this property answering member constituency Stourbridge more like this
star this property answering member printed Margot James more like this
star this property question first answered
less than 2017-12-18T16:12:19.663Zmore like thismore than 2017-12-18T16:12:19.663Z
star this property answering member
4115
star this property label Biography information for Margot James more like this
star this property previous answer version
29840
star this property answering member constituency Stourbridge remove filter
star this property answering member printed Margot James more like this
star this property answering member
4115
star this property label Biography information for Margot James more like this
star this property tabling member
4424
unstar this property label Biography information for John McNally remove filter