Renewable Energy: Finance

(asked on 13th May 2026) - 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 he has made of the potential merits of introducing a cap and floor design to repower renewable energy generation projects post-contract.


Answered by
Michael Shanks Portrait
Michael Shanks
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 22nd May 2026

The Government amended the Contracts for Difference (CfD) scheme from Allocation Round 7 (AR7) to enable the repowering of onshore wind projects, following consultation and stakeholder engagement. Repowered onshore wind projects are now eligible to compete for CfD support.

The Government will keep under review the potential extension of repowering arrangements to other renewable technologies, such as offshore wind, in future allocation rounds.

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