Renewable Energy: Coronavirus

(asked on 30th November 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the cost to the public purse has been in (a) grants and (b) payments to (i) developers and (ii) contractors in the renewable energy industry in response to the effects of the covid-19 pandemic on (A) revenue streams, (B) capital investment and (C) employment costs.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 3rd December 2020

There has been no sector-wide support offered by Government through grants or payments to the renewable energy industry in response to the effects of the COVID-19 pandemic.

However, many companies within the renewable energy industry have been eligible to access the various UK-wide support schemes introduced to protect the economy, including the Coronavirus Job Retention Scheme and the Coronavirus Business Interruption Loans Scheme.

The Government also continues to support the deployment of large-scale renewable energy through the Contracts for Difference scheme.

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