Question

To ask the Secretary of State for Energy and Climate Change, what assessment she has made of the effect on investor confidence of the decision to consult on ending grandfathering under the Renewables Obligation.

An Impact Assessment[1] on the consultation on “Changes to Financial Support for Solar PV”[2] which includes the proposal to remove grandfathering under the Renewables Obligation (RO) for solar PV projects at 5MW and below, was published on the DECC website on 22 July 2015. This includes at paragraph 59 an assessment of the impact on other renewables investment.

As part of the consultation process we have also invited interested parties to provide information on deployment and investment. The consultation closed on 2 September 2015. We are reviewing the responses and expect to publish the Government Response later in the Autumn.

[2] See: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/447321/Solar_PV_within_the_RO_consultation.pdf