Draft Electricity Supplier Payments (Amendment) Regulations 2017 Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Alan Brown
Main Page: Alan Brown (Scottish National Party - Kilmarnock and Loudoun)Department Debates - View all Alan Brown's debates with the Department for Business, Energy and Industrial Strategy
Draft Electricity Supplier Payments (Amendment) Regulations 2017
Alan Brown Excerpts(7 years, 1 month ago)
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Alan Brown (Kilmarnock and Loudoun) (SNP)
It is a pleasure to serve under your chairmanship, Sir Alan. I will be very brief.
The amendments that the regulations make are mostly technical. Anything that improves legislation and ultimately helps to speed up reconciliation payments is to be welcomed. However, I have a few comments to make in passing. First, I note from paragraph 8.17 of the explanatory memorandum that professional and management fees are increasing because of Hinkley Point C. That seems to me another hidden cost of Hinkley. Secondly, the Minister mentioned forthcoming CfD auctions. I suggest to him that there is still time to reconsider allowing onshore wind to bid in future CfD auctions, given that it is now much cheaper. That would generate good value for the taxpayer. Thirdly, paragraph 8.14 of the explanatory memorandum states:
“Three respondents disagreed with the proposal, arguing that it raised the possibility that a supplier could temporarily default and be excused of their share of mutualisation payments.”
Do the Government have a response to that point?