Speeches

Jim Shannon – 2016 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by Jim Shannon on 2016-04-11.

To ask the Secretary of State for Energy and Climate Change, what recent steps she has taken to ensure that (a) there is investment in UK renewable energy projects and (b) the UK meets its renewable energy targets.

Andrea Leadsom

We have announced our intention to hold three further Contract For Difference allocation rounds in this Parliament. At Budget 2016, we announced the budget for these allocation rounds. Applicants in the first allocation round will compete for £290m of annual support, which is being made available from 2021/22 onwards. Over the 3 rounds we are planning to allocate £730m of annual support. We will announce further details in relation to the next allocation round, as soon as possible . More details of future rounds will follow in due course.

Our estimates show that we are on track to deliver 35% of the UK’s electricity from renewables in 2020/21, exceeding our ambition of 30%. We have announced the Renewable Heat Incentive budget will continue to March 2021 when it will reach £1.15 billion and Department for Transport will be consulting, later this year, on meeting the transport fuel sub-target of 10%.