Energy: Subsidies

(asked on 23rd January 2019) - View Source
Questioner
Chris Ruane Portrait
Chris Ruane
(Labour - Vale of Clwyd)

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the total amount of public subsidy made available by Government for (a) renewables and (b) fossil fuels in each year for which data is available.

Answered by
Portrait
Claire Perry
This question was answered on 4th February 2019

Since 2010, the Government has invested £30.7 billion in renewable electricity technologies. The table below shows how much was invested in each year, through the Renewable Obligation (RO), Feed-in Tariff (FITs) and Contracts for Difference (CfD) schemes:

Cost (£m)

2010/11

2011/12

2012/13

2013/14

2014/15

2015/16

2016/17

2017/18

Total over period

RO

1,285

1,458

1,991

2,599

3,114

3,743

4,511

5,371

FiTs

14

151

506

691

866

1,110

1,284

1,375

CfDs

92

544

CfD (admin)

12

13

Total

1,300

1,608

2,498

3,290

3,980

4,853

5,898

7,304

30,731

Renewables spending covered under the Renewable Heat Incentive scheme is published monthly and can be found at: https://www.gov.uk/government/publications/rhi-mechanism-for-budget-management-estimated-commitments.

The UK has no fossil fuel subsidies. We’re firmly committed to tackling climate change by using renewables, storage, interconnectors, new nuclear and more to deliver a secure and dynamic energy market at the least possible cost for consumers.

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