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 impact of the marginal pricing mechanism on the revenues of renewable and nuclear electricity generators.

We will bring forward plans later this year to offer legacy low carbon generators the option of fixed price arrangements, with an intention to run an allocation process in 2027. Government will only offer contracts to electricity generators where it represents clear value for money for consumers. Further details will be set out in due course, with plans to consult later this year.