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Renewable Energy: Electricity Generation

Asked by Claire CoutinhoConservativeDepartment for Energy Security and Net ZeroTabled Answered 12 May 2025UIN 49457

The question

To ask the Secretary of State for Energy Security and Net Zero, pursuant to the Answer of 29 April 2025 to Question 47816 on Renewable Energy: Electricity Generation, what the annual cost to consumers of the Offtaker of Last Resort scheme has been since 2015.

Answered by Michael Shanks

Since its launch there have been no applications to the OLR scheme and no Backstop PPAs have been entered into. The only costs related to the scheme are the administrative costs incurred by Ofgem. The cost of the scheme for 2024/25 was £26,902. Details of the activities associated with these costs can be accessed here: https://www.ofgem.gov.uk/publications/offtaker-last-resort-olr-annual-report-april-2023-march-2024

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