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1091273
star this property registered interest false more like this
star this property date less than 2019-03-19more like thismore than 2019-03-19
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
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Biofuels and Wind Power: Finance remove filter
star this property house id 1 remove filter
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 why Contracts for Difference (CfD), for what reasons strike prices have been higher for dedicated biomass technologies than for offshore wind during CfD allocation rounds two and three. more like this
star this property tabling member constituency Stirling more like this
star this property tabling member printed
Stephen Kerr remove filter
star this property uin 234221 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-03-26more like thismore than 2019-03-26
star this property answer text <p>In CfD Allocation Round 2 dedicated biomass and offshore wind cleared at the same strike price of £74.75MWh for delivery year 2021/22.</p><p> </p><p>The Administrative Strike Prices (ASPs) set out the maximum support that the Government is willing to offer developers for each technology in a given delivery year. In setting the ASPs, the government has drawn upon the latest generation cost data, while also considering market conditions, policy considerations and other technology specific factors in order to encourage new investment whilst ensuring value for money for consumers.</p><p> </p><p>The methodology used to determine the draft ASPs for the third allocation round is published here: <a href="https://www.gov.uk/government/publications/contract-for-difference-cfd-third-allocation-round-methodology-used-to-set-administrative-strike-prices" target="_blank">https://www.gov.uk/government/publications/contract-for-difference-cfd-third-allocation-round-methodology-used-to-set-administrative-strike-prices</a></p><p> </p><p>CfDs are awarded in a series of competitive auctions, with the lowest price bids being successful as a means of driving cost reduction and project efficiencies.</p>
star this property answering member constituency Devizes more like this
star this property answering member printed Claire Perry more like this
star this property question first answered
less than 2019-03-26T15:27:32.09Zmore like thismore than 2019-03-26T15:27:32.09Z
star this property answering member
3974
unstar this property label Biography information for Claire Perry more like this
star this property tabling member
4604
unstar this property label Biography information for Stephen Kerr more like this
1091274
star this property registered interest false more like this
star this property date less than 2019-03-19more like thismore than 2019-03-19
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
unstar this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Biofuels and Wind Power: Finance remove filter
star this property house id 1 remove filter
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 if he will make it his policy to create parity under Contract for Difference allocation rounds two and three between dedicated biomass with CHP and offshore wind; and if he will make a statement. more like this
star this property tabling member constituency Stirling more like this
star this property tabling member printed
Stephen Kerr remove filter
star this property uin 234222 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-03-26more like thismore than 2019-03-26
star this property answer text <p>A draft budget notice was published in November 2018, which outlined the proposed Administrative Strike Prices (ASPs) for all technologies eligible to compete in the next allocation round, this notice can be found here: <a href="https://www.gov.uk/government/publications/contracts-for-difference-cfd-draft-budget-notice-for-the-third-allocation-round" target="_blank">https://www.gov.uk/government/publications/contracts-for-difference-cfd-draft-budget-notice-for-the-third-allocation-round</a></p><p> </p><p>In setting the ASPs, the government has drawn upon the latest generation cost data, while also considering market conditions, policy considerations and other technology specific factors in order to encourage new investment whilst ensuring value for money for consumers.</p><p> </p><p>The methodology used to determine the draft ASPs for the third allocation round is published here: <a href="https://www.gov.uk/government/publications/contract-for-difference-cfd-third-allocation-round-methodology-used-to-set-administrative-strike-prices" target="_blank">https://www.gov.uk/government/publications/contract-for-difference-cfd-third-allocation-round-methodology-used-to-set-administrative-strike-prices</a></p>
star this property answering member constituency Devizes more like this
star this property answering member printed Claire Perry more like this
star this property question first answered
less than 2019-03-26T15:27:40.297Zmore like thismore than 2019-03-26T15:27:40.297Z
star this property answering member
3974
unstar this property label Biography information for Claire Perry more like this
star this property tabling member
4604
unstar this property label Biography information for Stephen Kerr more like this