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To ask Her Majesty’s Government what steps they are taking in response to the recent projection by Ofgem of a fall in the generating plant margin from 14% at present to 4% in the next four years.
To ask Her Majesty’s Government what steps they are taking in response to the recent projection by Ofgem of a fall in the generating plant margin from 14% at present to 4% in the next four years.
My Lords, Ofgem’s capacity assessment emphasises the importance of action to ensure that we continue to enjoy electricity security in the medium and long term. That is why the Government are taking decisive steps to secure our supplies, including reforming the electricity market to drive the investment that we need and consulting later this year on options to reduce demand for electricity. Recent announcements on investment in a new gas power station at Carrington and from Hitachi on nuclear investment demonstrate that the Government’s approach to securing investment is having real impacts.
To ask Her Majesty’s Government what is their estimate of the total subsidy to be provided for wind power for the period 2000–2050.
To ask Her Majesty’s Government what is their estimate of the total subsidy to be provided for wind power for the period 2000–2050.