questionText: To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of contract for difference projects that have recently been cancelled due to increasing cost pressures; and whether he plans to reform the contract for difference scheme given increased volatility in global inflation.
answerText: We recognise the effect that globally high inflation and supply chain constraints are having on industry and we will work with Orsted to get Hornsea 4 back on track. We have a strong pipeline of projects, and our mission-led approach ensures we can steer ...
heading: Renewable Energy: Finance