Asked by: Mike Wood (Conservative - Kingswinford and South Staffordshire)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, with reference to the policy paper entitled Plan for Change, published on 5 December 2024, CP1210, if his Department will publish an annual report detailing private investment leveraged by its clean energy strategy.
Answered by Michael Shanks - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Government and DESNZ publishes information on clean energy private investment flows, most recently announcing around the International Investment Summit in October that £34.8bn of clean energy investment has been committed to the UK [1]. DESNZ utilises Bloomberg New Energy Finance data to understand total (public plus private) investment flows, in particular capital expenditure deployed across low carbon sectors. According to our analysis of the BNEF energy transition investment 2023 dataset, between 2010 and 2023, the UK has seen £300 billion of public and private investment across low carbon sectors. We are considering what further information could be published.
Asked by: Tracy Gilbert (Labour - Edinburgh North and Leith)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what remit the Great British Energy satellite sites in (a) Edinburgh and (b) Glasgow will have.
Answered by Michael Shanks - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This Government has been clear that Great British Energy (GBE) will be operationally independent, and decisions such as these will ultimately sit with the company itself. These additional sites in Glasgow and Edinburgh will allow GBE to tap into other expertise across Scotland, and workforce planning is ongoing to ensure the company secures the right skills in the right locations. The work GBE delivers across all of its locations will be in accordance with the strategic priorities, which will be set by the Secretary of State.
Asked by: Tracy Gilbert (Labour - Edinburgh North and Leith)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what estimate his Department has made of when the satellite sites for Great British Energy in Edinburgh will (a) be announced and (b) open.
Answered by Michael Shanks - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This Government is focused on establishing Great British Energy at its Headquarters in Aberdeen. Additional sites in Glasgow and Edinburgh will follow in the longer term to ensure the company can tap into expertise across Scotland. Estimates for these additional sites will depend upon the detailed workforce plans for the new company, which are being developed.
Asked by: Mike Wood (Conservative - Kingswinford and South Staffordshire)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, whether he plans to lay an Official Statistics Order to include Great British Energy.
Answered by Michael Shanks - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
I refer the hon Member to the answer I gave to the hon Member for Basildon and Billericay (Richard Holden) to Question UIN 21394.