Callum McCaig – 2015 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by Callum McCaig on 2015-12-04.

To ask the Secretary of State for Energy and Climate Change, what assumptions her Department relied on to produce the information on expenditure on Contracts for Difference in respect of each eligible technology that it provided to inform the Office for Budget Responsibility assessment of the Levy Control Framework.

Andrea Leadsom

The Department takes into account a number of factors to project Levy Control Framework (LCF) spending in relation to Contracts for Difference (CfD) contracts, including capacity for each individual project, strike prices, wholesale electricity prices, load factors and commissioning dates. Some of the CfD predictions that fed into the Office for Budget Responsibility November LCF forecasts are already in the public domain, such as strike prices for signed CfD contracts which are available on the LCCC website. Some predictions are based on commercial intelligence and sensitive information from the developers which we cannot disclose.