Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to adjust the parameters of the upcoming Contracts for Difference fourth allocation round to support a green economic recovery following the covid-19 outbreak.
We will publish specific auction parameters well in advance of the next allocation round. My Rt. Hon. Friend the Prime Minister’s Ten Point Plan for a Green Industrial Revolution set out our very firm commitment to industry, including our plans to strengthen supply chain commitments to boost UK growth. We are also aiming to deliver up to double the amount of renewables we procure through the next Contracts for Difference allocation round, and this will be crucial for stimulating investment in the sector.