§ Mr. CashTo ask the President of the Board of Trade (1) how much has been levied under the fossil fuel levy in 1990–91 and 1991–92;
(2) what proportion of the amounts levied has been used under the NFFO for renewable energy schemes; and what value this represented in 1990–91 and 1991–92.
§ Mr. EggarThe fossil fuel levy raised £1,175 million in 1990–91,and £1,324 million in 1991–92. The proportion going to renewables was about 0.5 per cent. (£6 million) in 1990–91, and I per cent (£15 million) in 1991–92.
§ Mr. CashTo ask the President of the Board of Trade (1) what is his latest assessment of the proportion and value of the fossil fuel levy that will be used for renewable energy schemes over the entire life of its operation until December 1998; and if he will make a statement;
(2) what assumptions were made about the proportion and value of the fossil fuel levy that would be used for renewable energy schemes over the entire life of its operation until December 1998.
§ Mr. EggarThe proportion of levy receipts going to renewables is set to rise through the 1990s. The exact amounts will depend on a number of factors, including the pool price and the number of projects coming forward under the non-fossil fuel obligation.