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 implications for his policies of the KPMG interim investigation of December 2022 into Drax Power Station’s claims for government subsidy.
Ofgem as the independent energy regulator is responsible for assuring the Government that large scale biomass generators, such as Drax, are in full compliance with sustainability requirements. Ofgem recently undertook a full investigation into Drax’s compliance and found that whilst Drax complied with the standards, it failed to report data accurately. The size of Drax’s redress payment in light of this, £25m, and the steps they’ve agreed to take to improve data accuracy, underscores the robustness of the regulatory system.