Written Question·Department for Energy Security and Net Zero·UIN 900874

Renewable Energy: Cost Effectiveness

Tabled: 1 July 2026

Answered: 7 July 2026

Named Day

Question

Charlie Maynard

To ask the Secretary of State for Energy Security and Net Zero, what recent assessment he has made of the value for money provided by the Contracts for Difference scheme.

Answer

Michael Shanks

The Contracts for Difference scheme delivers value for money through competitive auctions that drive down costs and protect consumers from volatile fossil fuel prices. AR7 secured renewable capacity at strike prices 40% below the cost of building and oper...

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