Energy: Prices

(asked on 30th November 2017) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what technologies will be permitted to participate in auctions for the £557 million for additional contracts for difference under the Control for Low Carbon Levies announced in Autumn Budget 2017.


This question was answered on 6th December 2017

We are committed to the plans we set out in the Clean Growth Strategy and to continuing to meet our climate commitments.

The next Contract for Difference auction round for less established technologies, including offshore wind, is planned for spring 2019. We will set out details of future rounds beyond that in due course.

While no decisions have yet been made on future CfD allocation rounds for established technologies, it is right that support should be focused on those technologies where it is most needed.

The cost reductions demonstrated in the recent Contract for Difference auction round mean that the £557 million could buy a large amount of low carbon electricity, sustaining growth in the sector.

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