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1463031

registered interest
date	16/05/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Renewable Energy: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential effect of the upcoming Contract for Difference Auction Round 4 on energy bills.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	2457
answer	answer is ministerial correction date of answer 24/05/2022 answer text <p>The Government is committed to minimising energy costs for businesses and consumers. Contracts for Difference offer value-for-money to consumers and continue to deliver low prices. For example, between the first allocation round in 2015 and the last round in 2019, the price per unit (MWh) of offshore wind fell by around 65%.</p><p> </p><p>Competitive auctions are proven to be effective in helping to keep costs down and this year’s auction has been designed to keep the allocation process highly competitive. The impact will be dependent on the outcome of the competitive auction process; it is expected that this year’s round will have a small impact on household bills.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 24/05/2022 14:35:01 answering member 1526 label Biography information for Greg Hands
tabling member	4006 label Biography information for Dr Matthew Offord

923587

registered interest
date	13/06/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Renewable Energy: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish the post-FIT consultation framework and the allocation of funding to onshore and solar power.
tabling member constituency	Glasgow South West
tabling member printed	Chris Stephens
uin	153363
answer	answer is ministerial correction date of answer 19/06/2018 answer text <p>We are considering options for small-scale low carbon generation beyond 2019, including onshore wind and solar, and a consultation on the Feed-in Tariff scheme will be published in due course.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 19/06/2018 15:55:08 answering member 3974 label Biography information for Claire Perry
tabling member	4463 label Biography information for Chris Stephens

823085

registered interest
date	15/01/2018
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Renewable Energy: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, for what reasons a second pot 1 auction has not taken place under the contract for difference scheme; and what plans he has to conduct such a second pot 1 auction.
tabling member constituency	Ellesmere Port and Neston
tabling member printed	Justin Madders
uin	122768
answer	answer is ministerial correction date of answer 24/01/2018 answer text <p>No decisions have been made on further contract for difference (CfD) allocation rounds for the Pot 1 technologies.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 24/01/2018 16:09:30 answering member 3974 label Biography information for Claire Perry
tabling member	4418 label Biography information for Justin Madders

431661

registered interest
date	23/11/2015
answering body	Department for Energy and Climate Change
answering dept id	63
answering dept short name	Energy and Climate Change
answering dept sort name	Energy and Climate Change
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 and Climate Change, what the implications for her policies on support for community-based renewable generation projects are of the proposed changes to the feed-in tariff scheme and HM Treasury's decision to remove such projects from tax relief.
tabling member constituency	Stockton North
tabling member printed	Alex Cunningham
uin	17392
answer	answer is ministerial correction date of answer 30/11/2015 answer text <p>Part of the purpose of the feed-in tariff (FIT) review consultation was to gather views on the broader economic impact of the proposed changes. We also sought views on whether the scheme should be focussed towards specific groups or sectors which might, for example, include households or communities. We had a strong response from community energy groups via the consultation and workshops.</p><p>The actual impact on the community sector will depend on the options taken forward after all responses to the consultation have been considered. We are currently analysing feedback submitted during the consultation and intend to publish a Government response as soon as possible.</p><p>The purpose of the tax-advantaged venture capital schemes is to provide funding to smaller higher-risk companies that would otherwise struggle to access finance to develop and grow. To ensure that the schemes are well targeted and deliver value for money, the government announced at the Autumn Statement the exclusion of all remaining energy generation activities from the schemes. This follows the exclusion of certain types of energy generation in 2012, 2014 and 2015, including most recently the announcement that the provision of reserve energy generating capacity and the generation of renewable energy benefiting from other government support by community energy organisations would be excluded from the schemes with effect from 30<sup>th</sup> November 2015, as well as from Social Investment Tax Relief when that scheme is expanded. These changes help to ensure that higher risk investments are not crowded out by lower risk investments.</p><br /><p>We will continue to work with the community energy sector over the coming months to develop a joint approach that addresses the priorities of the sector and satisfies our overarching objective of cost-effective emissions reductions.</p><br /> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 30/11/2015 14:52:46 answering member 4117 label Biography information for Andrea Leadsom
tabling member	4122 label Biography information for Alex Cunningham