Written Question·Department for Energy Security and Net Zero·UIN 30612
Electricity: Prices
Tabled: 11 February 2025
Answered: 24 February 2025
Named DayQuestion
Grahame Morris
Labour — Easington
To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking to ensure the pricing mechanism for electricity reflects the lower generation costs of renewables.
Answer
Michael ShanksUnabated gas generation is increasingly being displaced on the system by the rollout of renewables, setting the marginal price less frequently. The most effective mechanism for driving renewable generation is a Contract for Difference-type scheme that inc...
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