Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, for what reason his Department has not conducted an impact assessment of its proposed extension of the Drax Power Station subsidy arrangements.

We are conducting a rigorous economic assessment of the proposed support for Drax, including detailed value for money analysis.

Our current analysis shows that the new arrangement will halve the level of consumer subsidy compared to existing arrangements. This is equivalent to a saving of nearly £6 per household in average annual bills. When compared to the cost of securing alternative dispatchable capacity for this timeframe, the arrangement with Drax will save consumers £170m a year.