Electricity Generation: Finance

(asked on 13th November 2015) - View Source

Question

To ask the Secretary of State for Energy and Climate Change, what assessment she has made of the potential merits of developing zero subsidy Contracts for Difference auctions for the electricity supply market; and if she will make a statement.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
Parliamentary Under-Secretary (Department of Health and Social Care)
This question was answered on 23rd November 2015

Stakeholders have suggested the concept of a market stabilising Contracts for Difference (CfD) and we are listening to ideas from industry about how this can be achieved and how we can best ensure a level playing field between renewable and other generation technologies. We are still working up ideas and would welcome continued input from stakeholders.


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