Renewable Energy: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, whether his Department is taking steps to mitigate against the risk of potential price increases in (a) offshore wind, (b) onshore wind, and (c) solar energy.
Answered by Michael Shanks
To protect against rising costs for clean energy supply chains the Government is working across the economy on specific clean power policy actions. These include exploring where international collaboration can support supply chains, including via trade agreements and international co-operation. The Government is further determined to work with other countries to diversify supply chains. To match the scale of the deployment challenge the Government will be driving an increase in capacity of our domestic clean energy workforce. As set out in the Clean Power Action Plan, the Government is also minded to implement a package of targeted reforms to the Contracts for Difference scheme, designed to secure the volumes of clean electricity we need at a competitive price.
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