Speeches

Barry Gardiner – 2016 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by Barry Gardiner on 2016-05-18.

To ask the Secretary of State for Energy and Climate Change, how the reforms to the Capacity Market announced on 6 May 2016 will provide investment incentives for new gas plants to be built in the UK.

Andrea Leadsom

The purpose of the Capacity Market is to ensure security of electricity supply by providing all forms of capacity the right incentives to be on the system to be prepared to deliver energy when needed. On 6 May we announced that we would buy more capacity and buy it earlier, enhancing the opportunities for new plant such as gas.