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United Kingdom · Question · Written question

UIN 23797

Renewable Energy: Finance

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

25 April 2024

Last action

30 April 2024 · Answer

Status

Answered

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Subjects

Energy

Source updated

30 April 2024

Energy

Summary

To ask the Secretary of State for Energy Security and Net Zero, whether her Department has made an assessment of the potential impact of lowering the market reference prices for the Contracts for Difference AR6 on the (a) budget that can be allocated to p

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Timeline

  1. 25 April 2024

    Written question

    To ask the Secretary of State for Energy Security and Net Zero, whether her Department has made an assessment of the potential impact of lowering the market reference prices for the Contracts for Difference AR6 on the (a) budget that can be allocated to p

    Source: Commons

  2. 30 April 2024

    Answer

    The reference prices we use for the Contracts for Difference budget are an output from the Department’s main power model and are characteristic of decarbonisation pathways that are net-zero consistent. Budgets are set based on a wide range of factors such...

    Source: Written answer

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