Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the adequacy of the candour and transparency of the Drax power station in its dealings with the Government.
The Low Carbon Dispatchable CfD signed with Drax sets out consequences in the event Drax have misrepresented information provided to HMG used when agreeing the strike price. This includes the right to revise the strike price or terminate the agreement under certain circumstances.
Ofgem, the independent regulator, found no evidence that Drax had deliberately misled Government or the wider public regarding the adequacy of the company’s procedures for ensuring that biomass is sourced in a sustainable manner.