HC Deb 08 June 1995 vol 261 cc268-9W
Mr. Simpson

To ask the President of the Board of Trade at what rate funding for renewables will continue under the non-fossil fuel obligation when the nuclear industry is privatised. [27132]

Mr. Eggar

Renewables will continue to be funded through the fossil fuel levy. The amount of this support will reflect the excess cost above the pool price to the regional electricity companies of renewables-sourced electricity generated within the non-fossil fuel obligation. This support is likely to build up over the next few years to a maximum of about £150 million annually.