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Written question asked by Claire Hanna (Social Democratic & Labour Party) on Friday, 16 February 2024, in the House of Commons. It was due for an answer on Tuesday, 20 February 2024. It was answered by Graham Stuart (Conservative) on Monday, 26 February 2024 on behalf of the Department for Energy Security and Net Zero.


Energy Charter Treaty

Question

To ask the Secretary of State for Energy Security and Net Zero, with reference to the Written Statement of 4 September 2023 on the Review of the UK’s membership to the Energy Charter Treaty, HCWS995, what steps she plans to take on UK membership of that Treaty.

Answer

On 22 February 2024, the UK announced it is withdrawing from the Energy Charter Treaty (ECT). The UK will now initiate the process to withdraw from the ECT. The UK is required to give a one-year notification of withdrawal, removing Treaty protections for new energy-related investments made after this period. Under current ECT terms, existing investments are covered by a 20-year sunset clause.


Secondary information

Type
Written question
Reference
14110
Session
2023-24
Related items
Subjects
Energy Charter Treaty
Link
View this Written question on www.parliament.uk