M
Member
Speaking in the House of Lords on 17 March 2026
Debate
Renewables Obligation (Amendment) Order 2026Contribution
Certainly, that change could have a greater impact on, for example, what makes the market, as far as prices are concerned, by bringing a larger amount of renewables out of the RO—it is 30% at the moment—and into CfDs. That is something we are looking at and reviewing, but we have to accept the considerable difficulties and possibly considerable expenses in moving in that direction, so at least for the time being we are concentrating on what is, I think, a sensible and modest way of saving the consumer some money in a market that still continues to rise as far as the RO is concerned.
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