Biofuels: Finance

Department for Energy and Climate Change written question – answered on 23rd September 2015.

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Photo of Nigel Adams Nigel Adams Conservative, Selby and Ainsty

To ask the Secretary of State for Energy and Climate Change, what her Department's policy is on altering the Contract for Defence auction process to combined the established, non-established and biomass pots and standardise the length of contracts.

Photo of Andrea Leadsom Andrea Leadsom The Minister of State, Department of Energy and Climate Change

The long term vision of the CFD has always been one in which technologies compete against each other on an equivalent basis.

The generic allocation process reflects this vision, by using auctions to award standardised 15 year CFD contracts to technologies in both the mature and less mature pots.

We will continue to review and refine the operation of the CFD scheme and expect to set out plans for the next CFD allocation round in the autumn.

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