The Government has spoken to a wide range of interested bodies about the temporary Cost-Plus Revenue Limit and will invite further engagement through an appropriate consultation, to be launched shortly. The Government has held a series of confidential discussions with a range of low-carbon generator companies who will be directly affected by the policy, as well as with a wider group of generators, retail suppliers, and investors, including via the trade bodies RenewableUK and Energy UK. Discussions have been ongoing since the beginning of September 2022.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1482", "label" : {"_value" : "Biography information for Graham Stuart"} } , "answeringMemberConstituency" : {"_value" : "Beverley and Holderness"} , "answeringMemberPrinted" : {"_value" : "Graham Stuart"} , "dateOfAnswer" : {"_value" : "2022-10-24", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-10-24T14:40:48.137Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2022-10-13", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Energy Prices Bill"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to page nine of the Explanatory Notes to the Energy Prices Bill, published on 12 October 2022, with which interested bodies his Department held discussions on the cost-plus revenue facility; and when these discussions took place.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4809", "label" : {"_value" : "Biography information for Beth Winter"} } , "tablingMemberConstituency" : {"_value" : "Cynon Valley"} , "tablingMemberPrinted" : [{"_value" : "Beth Winter"} ], "uin" : "63016"} , {"_about" : "http://data.parliament.uk/resources/1521664", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1521664/answer", "answerText" : {"_value" : "
The mechanics of the temporary Cost-Plus Revenue Limit will be subject to a consultation to be launched shortly, with final details to be announced and an Impact Assessment conducted ahead of regulations coming into force from the start of 2023. The Government will set a price that is fair for consumers, taxpayers and industry, recognising the need to ensure the design reflects generators\u2019 investment commitment and risk. Under the scheme, generators will retain entitlements under the Renewables Obligation and Capacity Market.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1482", "label" : {"_value" : "Biography information for Graham Stuart"} } , "answeringMemberConstituency" : {"_value" : "Beverley and Holderness"} , "answeringMemberPrinted" : {"_value" : "Graham Stuart"} , "dateOfAnswer" : {"_value" : "2022-10-24", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-10-24T15:37:46.07Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2022-10-13", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Energy Prices Bill"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to Annex A of the Explanatory Notes to the Energy Prices Bill, published on 12 October 2022, what assessment he has made of the potential impact of the cost-plus revenue limit facility on (a) private and (b) public sector investment in renewable energy.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4809", "label" : {"_value" : "Biography information for Beth Winter"} } , "tablingMemberConstituency" : {"_value" : "Cynon Valley"} , "tablingMemberPrinted" : [{"_value" : "Beth Winter"} ], "uin" : "63017"} , {"_about" : "http://data.parliament.uk/resources/1521677", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1521677/answer", "answerText" : {"_value" : "
Companies House publishes the requested figures as part of its official statistics, these can be found at the link below. The relevant table is A7.<\/p>
Companies_Register_Activities_2021-22.ods (live.com)<\/a><\/p> The average number of persons of significant control for UK companies in 2021-2022 was 1.28.<\/p> The average number of shareholders for UK companies in 2021-2022 was 2.15.<\/p> The average number of directors for UK companies in 2021-2022 was 1.59.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4812", "label" : {"_value" : "Biography information for Dean Russell"}
}
, "answeringMemberConstituency" : {"_value" : "Watford"}
, "answeringMemberPrinted" : {"_value" : "Dean Russell"}
, "dateOfAnswer" : {"_value" : "2022-10-21", "_datatype" : "dateTime"}
, "groupedQuestionUIN" : [{"_value" : "62844"}
, {"_value" : "62845"}
], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2022-10-21T13:34:01.907Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "201"}
, "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"}
, "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"}
, "date" : {"_value" : "2022-10-13", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Companies: Directors"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the average number of directors in a UK Company.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4253", "label" : {"_value" : "Biography information for Seema Malhotra"}
}
, "tablingMemberConstituency" : {"_value" : "Feltham and Heston"}
, "tablingMemberPrinted" : [{"_value" : "Seema Malhotra"}
], "uin" : "62843"}
, {"_about" : "http://data.parliament.uk/resources/1521678", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1521678/answer", "answerText" : {"_value" : " Companies House publishes the requested figures as part of its official statistics, these can be found at the link below. The relevant table is A7.<\/p>