Member

These amendments received strong stakeholder support in a recent public consultation. There was broad stakeholder recognition that the changes will improve the experience of applicants during the assessment process, support more effective competition and help to secure better value for money for consumers. This approach reflects the department’s continued close engagement with industry in the development of the CfD scheme. By building on the foundations laid in AR7, these regulations will, I believe, help strengthen procedures, simplify the operation of the scheme and introduce provisions that drive progress towards the 2030 clean power target, while securing better value for money for bill payers. I therefore commend these regulations to the Committee and beg to move.