Asked by: John Whitby (Labour - Derbyshire Dales)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what assessment his Department has made of the potential merits of decoupling the electricity wholesale price from gas.
Answered by Michael Shanks - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
As part of the Review of Electricity Market Arrangements, the Government assessed the merits of decoupling the electricity wholesale price from gas, considering proposals such as a Split Market, Green Power Pool and future-proofed Contracts for Difference scheme. The Contracts for Difference scheme was identified as the best tool to decouple gas and electricity prices. Increasing participation of renewables in the wholesale market means that over time, cheaper renewable electricity will set the price more often, lowering costs for consumers.
Asked by: John Whitby (Labour - Derbyshire Dales)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what plans he has to support community-based energy projects.
Answered by Michael Shanks - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
Government recognises the role community groups play in our efforts to tackle climate change. Great British Energy, through the Local Power Plan, will enhance support for local and community energy by partnering with Mayoral Strategic Authorities, community energy groups and Devolved Governments. This includes the Great British Energy Community Fund, which will provide funding and support to community energy stakeholders, helping to increase the roll out of renewable energy project.