Cost of Energy Independent Review

(asked on 13th February 2019) - View Source

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

To ask Her Majesty's Government whether they intend to publish a detailed response to the Cost of Energy Review's support for further renewable energy investment; and if so, when.


Answered by
Lord Henley Portrait
Lord Henley
This question was answered on 26th February 2019

My Rt Hon Friend the Secretary of State for Business, Energy & Industrial Strategy, set out his strategic approach to the GB electricity system last November, in his address ‘After the trilemma – 4 principles for the power sector’. He will set out more details in a White Paper in the summer.

The Contracts for Difference Scheme is our main mechanism for supporting new large scale renewable energy generation projects. The next competitive allocation round for less established technologies such as offshore wind will open by May 2019, with subsequent auctions around every two years. Up to £557 million of further support was announced as part of the 2017 Budget.

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