Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of incorporating the recommendations from the Energy Research Accelerator's Spending Review submission into his forthcoming Spending Review.
The Government recognises the importance of Research and Development in reducing the costs of decarbonisation and meeting our Net Zero goal and I appreciate the work that the Energy Research Accelerator has been undertaking across the Midlands in this critical space.
We have significantly increased our investment on energy innovation, and the Prime Minister recently reiterated our Budget pledge to at least double the size of the Energy Innovation Programme in a new Net Zero Innovation Portfolio.
HM Treasury is considering all contributions as evidence to inform the upcoming Spending Review, which will be set out on 25 November.