Energy: Prices

(asked on 10th February 2021) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether there will be a regionalisation to the awarding of contracts for difference in the fourth auction later in 2021.


Answered by
Anne-Marie Trevelyan Portrait
Anne-Marie Trevelyan
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 22nd February 2021

The Contracts for Difference (CfD) scheme does not award contracts to projects based on regional quotas. The scheme awards contracts through a competitive process which ensures the most cost-effective projects are supported. The focus on supporting the lowest price bids drives efficiency and cost reduction and has resulted in significant quantities of new renewable electricity capacity being delivered across Great Britain.

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