Renewable Energy: Finance

(asked on 25th April 2024) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what assessment her Department has made of the potential merits of increasing the budget for Pot 1 of the Contracts for Difference AR6 to ensure that Government targets for established technologies are met.


Answered by
Andrew Bowie Portrait
Andrew Bowie
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 30th April 2024

National Grid ESO (NG ESO) is currently assessing applications to Allocation Round 6 of the Contracts for Difference scheme. Later this year, the Secretary of State will have an opportunity to review the budget following receipt of the formal valuation of applications from NG ESO.

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