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Energy: Competition

Question for Department for Business, Energy and Industrial Strategy

UIN 57925, tabled on 15 December 2016

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the recommendation of the Competition and Markets Authority in its Energy Market Investigation report, published on 8 July 2016, that the Government should undertake and consult on a clear and thorough assessment of the appropriate allocation of technologies and CfD budgets between pots, what estimate he has made of the implications of that recommendation for his policy on holding an allocation round for pot two technologies without allocating a budget for pot one technologies.

This answer is the replacement for a previous holding answer.

Answered on

5 January 2017

The Government is carefully considering the recommendations of the Competition and Markets Authority.

Running competitive allocation processes to drive down the costs of decarbonisation is a key part of delivering the best deal to consumers; the first competitive allocation round secured savings of about 20% against the administrative strike prices. We will set out our plans for Pot 1 in due course.

Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.