Subject Predicate Object
U6v1luzu
a
Resource
Answer
Written answer
answer has question
aiPzyGO4
answer has answering person
Gregory Barker
answer text
<p>[holding answer 15 May 2013]: The Government is committed to driving and supporting an ambitious level of investment by independent generators, including community energy and co-operatives. Independent developers have played an important role in delivering new capacity, and we expect them to continue to make a material contribution to delivering investment and meeting our objectives of keeping energy prices affordable and supplies secure as we decarbonise. Accordingly, the Government is working to ensure that the electricity market reform proposals support independent generation.</p><p>The contracts for difference proposed in the Energy Bill will remove wholesale price risk and consequently improve conditions in the market for long-term power purchase agreements needed by many independent low carbon developers to secure project finance.</p><p>Further, we are taking powers in the Energy Bill to give Government the flexibility to support the availability of viable power purchase agreements for independent generators, should the market not develop as expected.</p>
answer given date
answer has answering body
Department of Energy and Climate Change
written answer has answering body
Department of Energy and Climate Change
Department of Energy and Climate Change
answering body has written answer
U6v1luzu
answering body has answer
U6v1luzu
aiPzyGO4
question has answer
U6v1luzu
Gregory Barker
answering person has answer
U6v1luzu