Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, whether his Department is taking steps to help increase investment in renewable energy sources to the same level as in the oil and gas industry.

The renewable and oil and gas sectors will continue to make vital contributions to achieving the Government’s economic, energy security and low carbon ambitions. Examples of how the Government is incentivising investment in renewables are through the flagship contracts for difference scheme with the competition for allocation round 5 currently underway, and generous capital allowances announced at the recent Budget.