Electricity Generation

(asked on 28th June 2016) - View Source

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

To ask the Secretary of State for Energy and Climate Change, what recent progress has been made on her Department's market stabilisation Contract for Difference policy; and if she will make a statement.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
This question was answered on 5th July 2016

A number of stakeholders have suggested the concept of a market stabilising Contracts for Difference (CFD) for Pot 1 technologies. We have not yet decided whether to pursue any of the proposed options at this time.

Our focus has been on delivering the next CFD Allocation Round by the end of 2016 which we announced at the Budget, with £290m for less established technologies. We will be making announcements in due course.

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