Written question asked by Mark Hoban (Conservative) on Thursday, 6 December 2007, in the House of Commons. It was due for an answer on Monday, 10 December 2007. It was answered by Ian Pearson (Labour) on Tuesday, 15 January 2008 on behalf of the Department for Innovation, Universities and Skills.

Environmental Research Institute: Finance

Question: To ask the Secretary of State for Environment, Food and Rural Affairs (1) how much has been committed from the private sector to date for the Environmental Research Institute;

Answer: I have been asked to reply.In his 2006 Budget Statement, Gordon Brown announced the intention to create ““a new energy and environmental research institute””. The Energy Technologies Institute was legally established on 12 December 2007 as a Limited Liability Partnership. Private sector partners are BP, Caterpillar, EDF Energy, EON UK, Rolls-Royce and Shell, together contributing up to £300 million over 10 years. Additional private sector partners are being sought to match the Government's commitment of up to £550 million, and to achieve a budget of up to £1.1 billion for the ETI over the next decade.

Secondary information