Renewable Energy: Supply Chains
The question
To ask the Secretary of State for Energy Security and Net Zero, what assessment his Department has made of the potential impact of the timetable for auction being brought forward on large renewable projects that have had their Contracts for Difference AR8 supply chain plan statement confirmed.
Answered by Michael Shanks
The Contracts for Difference Scheme (CfD) runs annually. For Allocation Round 8, the Government confirmed in March it would open the round in July (in AR7, the round opened in August). The Supply Chain Plan (SCP) process opened in April, with results now released to applicants. The government does not expect this year's timeline to have a substantial constraining impact on the available pipeline of renewable projects, however inevitably some projects will not be sufficiently progressed to meet the CfD entry criteria by the opening date and will need to look to future rounds should they wish to secure a CfD.
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