To ask the Secretary of State for Energy and Climate Change, if she will publish the methodologies and assumptions behind the projected overspend of levy control framework spending through to 2020.
18 January 2016
Many of the assumptions that underpin Levy Control Framework (LCF) forecasts are already in the public domain. Strike prices for signed Contracts for Difference are available on the Low Carbon Contracts Company website. Renewable Obligation and Feed in Tariff Scheme deployment data is published monthly on the Renewable Energy Planning Database and Ofgem’s website respectively. The recent publication of the Renewables Obligation 2016/17 outlined the methodology for deriving some of the LCF’s key assumptions. A similar approach is taken for FiTs and CfD assumptions, and with interim adjustments made to reflect the latest commercial, technical, and policy specific information available to DECC.
We must make a number of considerations before releasing further information, including to what extent disaggregating data would allow commercially sensitive information to be discoverable, and we will publish an updated set of LCF projections as well as the assumptions underpinning the latest forecasts in due course.