Speeches

what steps they will take to ensure that the current proposals (1) to introduce auctioning of Contracts for Difference (CfDs) for only one particular group of technologies in October 2014 – 2014 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by what steps they will take to ensure that the current proposals (1) to introduce auctioning of Contracts for Difference (CfDs) for only one particular group of technologies in October 2014 on Energy and Climate Change.

2

Baroness Verma

The EU ‘Guidelines on State aid for environmental protection and energy 2014-2020′, which were adopted in principle on 9 April 2014, set out a requirement to introduce technology neutral competition for renewable technologies, including a transitional phase, with a number of derogations. In May 2014 the Government confirmed proposals to move straight to competition for more established technologies. For less established technologies, if there is insufficient budget in a CfD allocation round to satisfy all bids, a competitive auction will apply. We believe our proposals are consistent with the guidelines.