United Kingdom · Question · Written question
UIN 56045
Renewable Energy: Finance
Original
Introduced
8 June 2020
Last action
16 June 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Energy
Source updated
16 June 2020
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of removing the capacity cap from contract for difference auctions; and if he will make a statement.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
8 June 2020
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of removing the capacity cap from contract for difference auctions; and if he will make a statement.
Source: Commons
16 June 2020
Answer
Capacity caps can drive competitive auctions and deliver value for money for consumers. In the absence of a capacity cap or similar constraint, competitors in Contract for Difference auctions would have no incentive to bid below the wholesale price of ele...
Source: Written answer
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
No documents linked.
Sponsors
- · Department for Business, Energy and Industrial Strategy · Answering body
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-06-08/56045
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1201435
- uk · wq-1201435 · source updated 16 June 2020