M
Member
Speaking in the House of Lords on 15 June 2026
Debate
Contracts for Difference (Definition of Eligible Generator) (Amendment) Regulations 2026Contribution
First, some critics are concerned the measure will subsidise unnecessary refurbishments. There is a concern that operators have historically funded life extension activity without government intervention. Guaranteeing these revenues could divert limited budget resources away from new-build renewables and low-carbon technologies. The certainty that the measure provides could have a direct impact on a number of projects on new-build renewables and low-carbon technologies, which would otherwise be deemed by the marketplaces as willing to be supported, that would find no place in the energy balance.
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