Written question asked by Lord Lilley (Conservative) on Friday, 13 June 2025, in the House of Lords. It was due for an answer on Friday, 27 June 2025. It was answered by Lord Wilson of Sedgefield (Labour) on Friday, 27 June 2025 on behalf of the Department for Energy Security and Net Zero.
Solar Power and Wind Power: Subsidiary Companies
- Question
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To ask His Majesty's Government whether the Department for Energy Security and Net Zero has analysed the accounts of special purpose vehicles for (1) offshore wind farms, and (2) solar energy farms, to calculate the cost of such ventures; and if so, whether they will publish the results.
- Answer
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The majority of offshore wind and solar projects are led by the private sector, with many structured through individual Special Purpose Vehicles whose financial accounts are either privately held or reported in a limited form. Analysis by the independent NESO shows that offshore wind and solar are core components of a clean power system which can protect billpayers from international gas price volatility for the long-term.
Secondary information
- Type
- Written question
- Reference
- HL8452
- Session
- 2024-26
- Related items
- Subjects
- Costs Seas and oceans Wind power Subsidiary companies Solar power
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-05 23:31:56 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL8452
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL8452
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL8452