Labour considers major shake-up of renewables scheme amid fears over rising energy costs

“Labour considers major shake-up of renewables scheme amid fears over rising energy costs”

Labour is considering "significant changes" to its flagship renewables support scheme, the House of Lords was told. The Lords' Environment and Climate Change Committee heard there would be a pause before a future auction for renewable generation, to make sure 'contracts for difference' payments "work for the consumers of the country". Giving evidence to the committee, Energy Minister Michael Shanks said the Government was seeking a more 'coherent' approach to the energy system. The issue of…