PARLIAMENTARY WRITTEN QUESTION
Renewable Energy: Expenditure (30 June 2015)
Question Asked
Asked by:
Matthew Pennycook (Labour)
Answer
The UK continues to make progress on renewable energy in electricity, heat and transport. The cost of policies over the last five years (2009/10-2013/14) averaged at £2,396m per annum (see table 1 below).
Table 1: Policy costs by sector over time (£m)*
Sector | 2009/10 | 2010/11 | 2011/12 | 2012/13 | 2013/14 |
Electricity** | £1,120 | £1,300 | £1,609 | £2,498 | £3,290 |
Heat | £2 | £27 | £52 | ||
Transport | £352 | £453 | £538 | £345 | £398 |
Total | £1,471 | £1,752 | £2,148 | £2,869 | £3,740 |
*in millions of nominal GBP. Discrepancies due to rounding. **this information is publicly available – sources are set out below. Figures for 14/15 not available yet. There was no spend between 2009/10 to 2013/14 on Contracts for Difference. | |||||
This information was taken from publicly available sources: for electricity, by multiplying ‘total obligation (ROCs) and ‘buy-out’ price (£ per ROC) for the Renewables Obligation spend:
- https://www.ofgem.gov.uk/publications-and-updates/renewables-obligation-buy-out-fund-2013-14;
- https://www.ofgem.gov.uk/sites/default/files/docs/2013/10/buy-out_fund_redistribution_12-13.pdf;
- https://www.ofgem.gov.uk/publications-and-updates/renewables-obligation-buy-out-fund-2011-12;
- https://www.ofgem.gov.uk/publications-and-updates/renewables-obligation-late-payment-fund-2010-2011;
- https://www.ofgem.gov.uk/publications-and-updates/renewables-obligation-annual-report-2009-2010;
- Directly from each annual report for Feed-in-Tariffs spend:
- For heat, directly from: https://www.gov.uk/government/publications/annual-report-and-accounts-2013-to-2014;
- For transport, adjusted using the GDP deflator:
- https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/307437/impact-assessment-pir.pdf;
- http://www.ons.gov.uk/ons/guide-method/method-quality/specific/economy/national-accounts/changes-to-national-accounts/index.html.
Answered by:
Andrea Leadsom (Conservative)
8 July 2015
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