Question
To ask the Secretary of State for Energy and Climate Change, what estimate she has made of expenditure on new-build renewable electricity generation under (a) the Renewables Obligation and (b) Contracts for Difference in (i) 2015-16, (ii) 2016-17, (iii) 2017-18, (iv) 2018-19, (v) 2019-20 and (vi) 2020-21.
The Levy Control Framework (LCF) controls the support the Government can provide to the development of low carbon electricity. The Renewables Obligation and Contracts for Difference are two low-carbon generation support schemes which are included in the LCF. The LCF has been set to 2020/21 and is detailed in Table 2 in Annex A of the Annual Energy Statement:
The cost of the LCF is kept under constant review - we update our modelling and assumptions as things change, reflecting the challenges in making long-term forecasts in a changing and very active energy market.