Written question asked by David Drew (Labour) on Friday, 12 September 2003, in the House of Commons. It was due for an answer on Thursday, 18 September 2003. It was answered by Stephen Timms (Labour) on Thursday, 18 September 2003 on behalf of the Department of Trade and Industry.

Dept of Trade and Industry

Question: To ask the Secretary of State for Trade and Industry, what plans she has to reform the arrangements for renewable obligation certificate trading, with specific reference to the protection of traders affected by losses caused by a supplier going out of business.

Answer: Mr. Drew: To ask the Secretary of State for Trade and Industry what plans she has to reform the arrangements for renewable obligation certificate trading, with specific reference to the protection of traders affected by losses caused by a supplier going out of business. [130585] Mr. Timms: I am aware of the concerns of traders likely to affected by the potential shortfall in the Renewables Buy-Out Fund, as a consequence of TXU's going into administration. However since the extent of any possible shortfall will not be clear until 1 October, it is too early at this stage to assess the impact on the renewables market or to assess whether there is a need to make any changes to the renewables obligation.

Secondary information