EAC comment: Contracts for Difference
13 September 2021
Reacting to the Government’s announcement on renewable energy investment in the Contracts for Difference scheme, Environmental Audit Committee Chairman, Rt Hon Philip Dunne MP, said:
“The UK has the geographic good fortune to be a renewables powerhouse. I am delighted to see that the potential of floating offshore wind and of tidal stream have finally been recognised as contributors to our future low carbon energy mix. This support for renewable energy will help Net Zero Britain, provide welcome demand signals to investors, and give industry the confidence it needs to secure the skills for the future.
“While this investment is extremely welcome, the Government must also evaluate the infrastructure supporting renewable energy. The investment can only do so much if the infrastructure cannot support the projects hoping to be achieved. Our Committee has highlighted in our work on technological innovations that the connection of expanding offshore wind farms to the grid must be reviewed and that adequate investment is required for deep water port capacity.”
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