Wind Power: Finance

(asked on 8th March 2024) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, whether funding will be made available through the Green Industries Growth Accelerator for the manufacture of wind turbine jackets.


Answered by
Andrew Bowie Portrait
Andrew Bowie
Shadow Minister (Energy Security and Net Zero)
This question was answered on 13th March 2024

Government has committed £1.1 billion to the Green Industries Growth Accelerator to support the expansion of domestic green manufacturing capacity and strengthen clean energy supply chains. At Spring Budget, government announced provisional allocations of up to £390 million for offshore wind and networks, up to £390 million for carbon capture, utilisation and storage and hydrogen and up to £300m to support domestic production of high-assay low-enriched uranium (HALEU) for nuclear fuel.

Government is conducting engagement with industry on the design of the Accelerator and more detail on eligibility and how to apply for funding will be shared in due course.

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