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Written question asked by Alex Cunningham (Labour) on Monday, 5 June 2023, in the House of Commons. It was due for an answer on Thursday, 8 June 2023 (named day). It was answered by Graham Stuart (Conservative) on Thursday, 8 June 2023 on behalf of the Department for Energy Security and Net Zero.


Wind Power: Scotland

Question

To ask the Secretary of State for Energy Security and Net Zero, what recent discussions he has had with (a) EDF Renewables and (b) the Low Carbon Contracts Company on the increase in the strike price for energy produced by the Neart na Gaoithe Offshore Wind Farm; and when he expects the updated Generator's Expected Start Date to be published.

Answer

Neart na Gaoithe’s strike price was increased in April in accordance with the annual strike price adjustment exercise undertaken by the Low Carbon Contracts Company (LCCC) in its role as Contracts for Difference (CfD) Counterparty. Strike prices are adjusted annually for all current CfD generators using a formula set out in the contract terms and conditions. The Government does not have a role in this process and has not discussed this case with EDF Renewables or the LCCC. The CfD Register, published on the LCCC’s website, indicates that Neart na Gaoithe expects to start generating on 1st June 2024.


Secondary information

Type
Written question
Reference
187633
Session
2022-23
Subjects
Energy Prices Scotland Seas and oceans Wind power Low Carbon Contracts Company EDF Renewables
Link
View this Written question on www.parliament.uk