Renewable Electricity Generation Bill

Overview

The Renewable Electricity Generation Bill has been introduced to the Assembly by the Minister for the Economy.

Currently, there is no existing renewable electricity support scheme in Northern Ireland open to new generation. The stated aim of the Renewable Electricity Generation Bill is to provide the framework for this - a Renewable Electricity Price Guarantee (“REPG”) scheme in Northern Ireland. Contracts for Difference (“CfDs”) are to be used to provide electricity generators with stability for a defined period. The Department asserts that this framework is intended to encourage the generation of renewable electricity and help insulate consumers from volatile electricity prices.

The Department indicates that it will subsequently bring forward regulations to make provision for:

• determining eligible generators and generating stations;
• the procedure for allocating CfDs as well as the terms and conditions of CfDs and the related financial framework;
• the imposition of community benefit requirements; and
• certain other ancillary matters such as reviewing of the allocation process and the resolution of disputes.

Why your views matter

The Committee is seeking views from stakeholders on the objectives, proposals and potential consequences of the Bill.

Your views will help to inform the Committee for the Economy's consideration of the Bill and any recommendations it may suggest as it moves to the next stage of the legislative process.