Question

To ask the Secretary of State for Energy and Climate Change, if he will provide additional support to assist independent renewable energy generators to know PPA terms from suppliers in their contract for difference auction bids; and whether he will assess the effect of the absence of an Offtaker of Last Resort on the level of support so needed.

The Offtaker of Last Resort (OLR) will support independent renewable generators by providing them with a guaranteed route to market and improving their ability to raise project finance.

My officials have worked closely with developers and other stakeholders in working up the OLR proposals. The policy design is already at an advanced stage, and the detail of the proposals has been recently consulted on. We are on track to deliver the final policy and introduce enabling regulations ahead of first allocation of Contracts for Difference (CfDs). CfD applicants will have a high degree of clarity about the arrangements for OLR in advance of the first auctions.