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Written question asked by Alan Brown (Scottish National Party) on Monday, 24 May 2021, in the House of Commons. It was due for an answer on Wednesday, 26 May 2021. It was answered by Anne-Marie Trevelyan (Conservative) on Wednesday, 2 June 2021 on behalf of the Department for Business, Energy and Industrial Strategy.

Technology: Environment Protection

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much of the £166 million funding for green technology is newly allocated money from HM Treasury; and how much of that funding was previously allocated.

Answer

This week’s £166 million cash injection for green technology sends a clear signal to industries across the British economy that we will invest in the UK’s cleaner, greener future as we look to build back better.

£86.5 million of this funding was previously allocated from the Net Zero Innovation Portfolio to launch competitions which will support the development of low carbon hydrogen in the UK and the development of the next generation carbon capture, usage and storage (CCUS) technologies. Furthermore, we announced winners from phase one of the largest government programme supporting greenhouse gas removal technology development. The Net Zero Innovation Portfolio is a £1 billion fund, announced in the Ten Point Plan for a Green Industrial Revolution, and will be delivered from 2021-2025.

Additional funding was provided through UKRI’s Strategic Priority Fund (SPF) and the Department for Business, Energy and Industrial Strategy Industrial Energy Transformation Fund (IETF). The £31.5 million UKRI Greenhouse Gas Removal Demonstrators (GGR-D) programme is part of the second wave of the government’s SPF which invests in high quality multi and interdisciplinary research; announced in the 2019 £500m new investment in green technologies for a cleaner and healthier future. The two calls that have run to date as part of the GGR-D programme (for Demonstrator projects and Directorate Hub) also provided full details of the programme and funds associated with it.

This £16.5m IETF funding was part of its Phase 1 competition and is supporting businesses from a range of industrial sectors across England and Wales to improve their energy efficiency and industrial processes. This funding will help these organisations to significantly reduce both their carbon footprint and energy costs and is part of the £315 million funding announced in the 2018 Autumn Budget and is available over the period to 2024.

Secondary information

Type
Written question
Reference
6348
Session
2021-22
Related items
Technology: Carbon Emissions
Monday, 14 June 2021
Written questions
House of Commons
Technology: Carbon Emissions
Monday, 14 June 2021
Written questions
House of Commons
Subjects
Finance Environment protection Technology
Contains statistics
Yes
Link
View this Written question on www.parliament.uk