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 ensure (a) the UK is establishing a resilient clean energy supply chain and (b) strengthen cooperation with European partners.
Our Clean Energy Industries Sector Plan set out HMG’s approach to creating investment, growth and jobs in clean energy industries, including supply chains.
In addition, Great British Energy has launched its £1bn supply chain programme, Energy Engineered in the UK, to boost clean energy industries. We’ve empowered the National Wealth Fund with £5.8bn for carbon capture, low carbon hydrogen, gigafactories, ports, and green steel. The British Business Bank £4bn scale up fund will deploy capital to target both the scale-up gap for climate tech and the expansion of new specialist investors. UK Export Finance will deploy £13bn of direct lending to stimulate overseas demand in the industrial strategy priority sectors.
The UK continues to work closely with European partners to strengthen security of supply and accelerate the deployment of clean energy. We are deepening both bilateral and multilateral cooperation, including through established UK-EU structures and agreements, cooperation in the North Seas, and through our broader network of energy partnerships across Europe.