Solar Industry Debate
Full Debate: Read Full DebateBen Lake
Main Page: Ben Lake (Plaid Cymru - Ceredigion Preseli)Department Debates - View all Ben Lake's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 8 months ago)
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I am going to take an intervention from the hon. Member for Ceredigion (Ben Lake), who has not spoken yet.
Does the Minister also recognise the potential for the energy company obligation scheme to support innovation, particularly in renewable energy? Often, the challenges to securing a return on investment that developers face can be overcome through the certainty that some sort of support mechanism can offer.
Indeed I do, and I am proud to have secured one of the largest increases in innovation research and development spending in the clean energy space. Of course, the ECO scheme, which we have recently pivoted to focus on fuel poverty in its entirety, includes an increase in the amount spent on innovation.