Energy: Prices

(asked on 15th November 2022) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department plans to take to (a) implement the provisions of the Energy Prices Act and (b) increase the use of renewable energy.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 23rd November 2022

The Energy Prices Act gained Royal Assent on 25 October 2022. The Department has laid a number of statutory instruments to ensure the effective implementation of the energy support schemes brought forward by the Act.

The acceleration in renewable deployment will be supported by the UK's main renewable energy scheme, Contracts for Difference. The latest round delivered almost 11GW of new renewable projects, almost double achieved in the previous round. Future CfD rounds will be run annually to drive further deployment.

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