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Energy Bill

The best thing I can do in responding to my noble friend is remind him of the statement at paragraph 4.14 of the Reform of the Renewables Obligation document, which answers his question in the following way: "““The proposed criteria to trigger an early review are:""a. significant change in grid connection/transmission regime;""b. new technology eligible under the RO emerges with potential to deploy on a large scale;""c. other major support scheme with impact on renewables starts, ends or is subject to significant changes;""d. demonstrated significant variation in net costs (for an individual technology) changing the economic case from that assumed in the setting of banding levels;""e. ROCs from co-firing””—" which we have debated today— "““contribute to more than 10% of the obligation …""f. over-compliance of obligation; or""g. other unforeseen event””—" that is the general phrase— "““with significant effect on the operation of the RO””." Those are examples of where a review will take place, but we are quite firm that to put one in the Bill would reduce flexibility.