12 July 2022
Aldous questions the Government about incentives for offshore wind projects

Peter Aldous welcomes ScottishPower Renewables success in the Contract for Difference auction for its East Anglia Three offshore wind project, and asks about future CfD auctions which will allow more offshore wind development and bring more jobs to coastal communities such as those in Waveney.

Peter Aldous (Waveney) (Con)

T3. As my right hon. Friend has indicated, we had the very good news last week that ScottishPower Renewables had been successful in the contract for difference auction for its East Anglia Three offshore wind project. I would be grateful if he would outline what else is being done to provide certainty over future CfD auctions, which will allow offshore wind developers to invest more in order to meet the Government’s 2030 target and bring more jobs to coastal communities such as those in Waveney? (901007)

Kwasi Kwarteng (The Secretary of State for Business, Energy and Industrial Strategy)

My hon. Friend will appreciate that when he first came into the House we did not have any auctions and then for about six years we had an auction every other year. It was very much my intention as Secretary of State to introduce an annual auction, and I am pleased to say we have done so. It has given much more security and visibility to the supply chain, which was one reason why I introduced it.

Hansard