Renewable Energy: Investment

(asked on 1st July 2019) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of enabling investors to realise returns while solar power plants, onshore and offshore wind farms and hydroelectric power plants are being built to ensure that projects go ahead.


Answered by
Chris Skidmore Portrait
Chris Skidmore
This question was answered on 9th July 2019

The existing renewable support schemes are designed so that payment is based on generation, and ensures that renewable assets are attractive to investors. Over 42GW of new renewables have been constructed through the Contracts for Difference, Renewables Obligation and Feed in Tariffs Schemes (to 2018).

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