Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to support new low carbon technologies.
The Government articulated its plans for increasing low carbon power generation in the British Energy Security Strategy. The Strategy spans renewables, nuclear and hydrogen and will help drive up to £100 billion of investment by 2030. The Strategy set an ambition for new nuclear power of up to 24GW by 2050, with a ‘Great British Nuclear Vehicle’ established to develop a pipeline of projects. On renewables, the Government is accelerating annual Contracts for Difference auctions from 2023 to support deployment. For offshore wind, the Strategy sets a new 50GW by 2030 ambition, alongside plans to reduce consent time for projects.