Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether geothermal energy will be allocated a budget minima in the Auction Round 5 of the Contracts for Difference Scheme.
The Government is currently considering auction parameters for all technologies for Allocation Round 5 of the Contracts for Difference scheme, including any for geothermal, taking into account evidence of the pipeline of available projects. The Government will publish details of these parameters ahead of the round opening in March 2023.