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Renewable Energy: Finance

Asked by Pippa HeylingsLiberal DemocratDepartment for Energy Security and Net ZeroTabled Answered 3 March 2026UIN 114989

The question

To ask the Secretary of State for Energy Security and Net Zero, whether he has made an assessment of the potential merits of modifying future Contracts for Difference rounds to reward system value, benefits, and services, in addition to procuring energy at the lower possible cost per unit.

Answered by Michael Shanks

We keep the Contracts for Difference scheme under review and consult on potential reforms ahead of each allocation round. We have also introduced the Clean Industry Bonus which allows for other factors such as supply chain investments to be taken into account as part of the process.

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