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Written question asked by Royston Smith (Conservative) on Tuesday, 2 May 2023, in the House of Commons. It was due for an answer on Tuesday, 9 May 2023. It was answered by Graham Stuart (Conservative) on Monday, 15 May 2023 on behalf of the Department for Energy Security and Net Zero.


Geothermal Energy: Investment

Question

To ask the Secretary of State for Energy Security and Net Zero, whether his Department has taken recent steps to help increase investment in geothermal technologies.

Answer

In the British Energy Security Strategy, the Government committed to “explore all possible renewable opportunities afforded by our geography and geology, including tidal and geothermal.”

Geothermal power has been an eligible electricity generating technology for the Contracts for Difference scheme since its introduction. The Government anticipates that geothermal power projects may bid into the scheme's emerging technologies pot of the fifth allocation round this year. The Government keeps the scheme under review and will consider the role of geothermal power in light of the results.


Secondary information

Type
Written question
Reference
183498
Session
2022-23
Related items
Deposited Paper DEP2022-0330
Thursday, 7 April 2022
Deposited papers
House of Commons
Subjects
Investment Geothermal power
Link
View this Written question on www.parliament.uk