Renewable Energy: Investment

(asked on 22nd March 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect of trends in the level of investment in renewables on reducing household energy bills.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 30th March 2022

The Government has seen the cost of renewable technologies reduce, most notably offshore wind. As more renewable energy is added to the system, household electricity bills will be less affected by fluctuations in volatile global gas prices.

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