Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, how investors in hydrogen projects in Loughborough constituency can request funding from (a) the National Wealth Fund and (b) GB Energy.

The National Wealth Fund was announced by the Chancellor on 9 July and further details will be set out at the International Investment Summit on 14 October. In the meantime, projects can approach UKIB who assesses each opportunity on a deal-by-deal basis and can be contacted by making an enquiry on the UKIB website.

Great British Energy will be an operationally independent company, overseen by a Board, rather than Ministers, benefitting from industry-leading expertise and experience across its remit. The Bill establishing Great British Energy is currently going through Parliament.