Oral Answers to Questions

Nicholas Dakin Excerpts

Thursday 11th July 2013 Commons Chamber

The Secretary of State was asked—

[Nic Dakin (Scunthorpe) (Lab)]

1. What recent assessment he has made of levels of investment in energy infrastructure.

[The Secretary of State for Energy and Climate Change (Mr Edward Davey)]

Average annual investment in energy infrastructure from 2010 to 2012 has been £8.5 billion, more than double the average for 1997 to 2010. Our electricity market reform and other measures are designed to continue this investment surge and sustain it.

[Nic Dakin]

Delivering energy security provides a real opportunity for jobs in the renewable sector for the Humber. What are the Government doing to provide security and encouragement to investors beyond 2017 to develop renewable energy in the UK?

[Mr Davey]

The hon. Gentleman will know that we are taking a whole range of measures. Obviously, the Energy Bill itself gives a very strong legal framework and the levy control framework up to 2020 gives visibility on the overall support for the system. I am sure the hon. Gentleman will also welcome the announcements we made on 27 June, ahead of schedule, with respect to the strike prices for renewables.