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Written question asked by Dave Doogan (Scottish National Party) on Tuesday, 30 July 2024, in the House of Commons. It was due for an answer on Monday, 2 September 2024. It was answered by Michael Shanks (Labour) on Friday, 6 September 2024 on behalf of the Department for Energy Security and Net Zero.


Great British Energy: Innovation

Question

To ask the Secretary of State for Energy Security and Net Zero, whether any of Great British Energy's 8.3bn budget will be spent on funding (a) the offshore renewable energy catapult and (b) other existing technology investment initiatives.

Answer

Great British Energy will invest in, own and operate projects which will produce clean, cheap and homegrown energy and make Britain energy secure. It will be backed by a capitalisation of £8.3bn of new money over this Parliament.

Government will clarify the relationship between Great British Energy and existing technology investment schemes and initiatives, such as the Offshore Renewable Energy Catapult, in due course.


Secondary information

Type
Written question
Reference
2478
Session
2024-26
Subjects
Finance Innovation ORE Catapult Great British Energy
Link
View this Written question on www.parliament.uk