Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what steps her Department is taking to encourage investment in the (a) offshore oil and gas industry and (b) renewables sector.

The Government has been clear in its support for the upstream oil and gas sector. The recent announcement of the first 27 licences from the 33^rd Offshore Oil and Gas Licensing Round and our new Offshore Petroleum Licensing Bill, requiring annual licensing, support this.

Since 2010, the UK has seen £198 billion of investment into low carbon energy. The Government recently announced that its flagship scheme for supporting renewable electricity projects, the Contracts for Differences scheme, would see significant uplifts to the maximum price for offshore wind projects and other renewables in next year's auction.