Source · Select Committees · Business, Innovation, Science and Trade Committee
Recommendation 8
8
Paragraph: 47
Review Contracts for Difference Allocation Round 5 parameters to reflect rising costs for renewables developers.
Recommendation
There is a risk that the Government has not accurately reflected rising costs for renewables developers in the budget for this year’s Contracts for Difference auction, putting the viability of future projects into question. We recommend that the Government reviews the parameters set for its Contracts for Difference Allocation Round 5 to ensure that they accurately reflect the cost pressures facing the sector.
Paragraph Reference:
47
Government Response
A response document is linked to this report, dated 14 July 2023. Response attribution to this recommendation has not been verified. Read the response document ↗