Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, how much the Government spent on subsidies to electricity generators last year.
The latest forecasts for 2022/23 are:
The total scheme value for Feed-in-Tariffs scheme was £1.6bn in 2021/22.
These schemes support security of supply and decarbonisation and in response to extraordinary returns by low-carbon generators, the Government introduced the Electricity Generator Levy.
Sources:
OBR - 'Table 2.8 - Environmental Levies' in the March 2023 Economic and Fiscal outlook - supplementary fiscal tables: receipts and others' https://obr.uk/efo/economic-and-fiscal-outlook-march-2023/#annex-a.
Ofgem's 2021-22 Feed-in-Tariff annual report: https://www.ofgem.gov.uk/publications/feed-tariff-fit-annual-report-2021-22#:~:text=It%20presents%20statistics%20on%20the,our%20audit%20and%20compliance%20programme