Asked by: Steve Race (Labour - Exeter)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, how much money has been allocated from the Net Zero Innovation Portfolio.
Answered by Kerry McCarthy - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Government has provided innovation funding through the £1.3 billion Net Zero Innovation Portfolio (NZIP) and Advanced Nuclear Fund (ANF) to accelerate the commercialisation of innovative, low-carbon technologies, systems and business models in power, buildings and industry.
The NZIP and ANF have supported over 600 projects, which has in turn supported 5,500 jobs and leveraged a further £750 million of private sector match funding in the UK.
The portfolio funds a range of programmes from small scale grants with SMEs to large-scale programmes, such as the Low-Cost Nuclear Programme with Rolls Royce SMR Ltd. To date, £1.1 billion has been allocated from the portfolio with around half allocated to small businesses in the UK.
A final Progress Report on the performance of the NZIP is expected to be published later this year.
Asked by: Steve Race (Labour - Exeter)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential impact of the Net Zero Innovation Portfolio on the economy.
Answered by Kerry McCarthy - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Government has provided innovation funding through the £1.3 billion Net Zero Innovation Portfolio (NZIP) and Advanced Nuclear Fund (ANF) to accelerate the commercialisation of innovative, low-carbon technologies, systems and business models in power, buildings and industry.
The NZIP and ANF have supported over 600 projects, which has in turn supported 5,500 jobs and leveraged a further £750 million of private sector match funding in the UK.
The portfolio funds a range of programmes from small scale grants with SMEs to large-scale programmes, such as the Low-Cost Nuclear Programme with Rolls Royce SMR Ltd. To date, £1.1 billion has been allocated from the portfolio with around half allocated to small businesses in the UK.
A final Progress Report on the performance of the NZIP is expected to be published later this year.
Asked by: Steve Race (Labour - Exeter)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, how much and what proportion of Net Zero Innovation Portfolio funding has been allocated to small businesses.
Answered by Kerry McCarthy - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Government has provided innovation funding through the £1.3 billion Net Zero Innovation Portfolio (NZIP) and Advanced Nuclear Fund (ANF) to accelerate the commercialisation of innovative, low-carbon technologies, systems and business models in power, buildings and industry.
The NZIP and ANF have supported over 600 projects, which has in turn supported 5,500 jobs and leveraged a further £750 million of private sector match funding in the UK.
The portfolio funds a range of programmes from small scale grants with SMEs to large-scale programmes, such as the Low-Cost Nuclear Programme with Rolls Royce SMR Ltd. To date, £1.1 billion has been allocated from the portfolio with around half allocated to small businesses in the UK.
A final Progress Report on the performance of the NZIP is expected to be published later this year.
Asked by: Steve Race (Labour - Exeter)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what the spend per grant recipient is from the Net Zero Innovation Portfolio.
Answered by Kerry McCarthy - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Government has provided innovation funding through the £1.3 billion Net Zero Innovation Portfolio (NZIP) and Advanced Nuclear Fund (ANF) to accelerate the commercialisation of innovative, low-carbon technologies, systems and business models in power, buildings and industry.
The NZIP and ANF have supported over 600 projects, which has in turn supported 5,500 jobs and leveraged a further £750 million of private sector match funding in the UK.
The portfolio funds a range of programmes from small scale grants with SMEs to large-scale programmes, such as the Low-Cost Nuclear Programme with Rolls Royce SMR Ltd. To date, £1.1 billion has been allocated from the portfolio with around half allocated to small businesses in the UK.
A final Progress Report on the performance of the NZIP is expected to be published later this year.
Asked by: Steve Race (Labour - Exeter)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what steps he is taking to increase solar power generation.
Answered by Michael Shanks - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Government recently announced the re-establishment of the Solar Taskforce and publication of the Solar Roadmap will follow shortly, setting out recommendations on how we and industry will work together to achieve our ambition to radically increase deployment by 2030. Alongside that, Government recently concluded its latest Contracts for Difference round, where a record 3.3GW of solar capacity was secured.