To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department has considered introducing a floor mechanism for the development of geothermal energy schemes as part of pot 2 arrangements with Allocation Round 5 of Contracts for Difference.
Answered on
16 January 2023
The Government is currently developing auction parameters for Allocation Round 5, including any for ‘Pot 2’ technologies such as geothermal, taking into account evidence from stakeholders. Full auction parameters will be published in a Budget Notice ahead of the round opening in March this year.
Answered by
Department for Business, Energy and Industrial Strategy
Named day
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