Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, whether GB Energy has a role in the decarbonising of pre-existing housing stock.
Great British Energy will develop, invest in, build, and operate clean energy projects across the UK. The Government is supporting decarbonisation of housing stock through other initiatives.
We have committed £3.4 billion over the next 3 years to the Warm Homes Plan, and across 2025 to 2026, we will oversee approximately £3.2 billion of investment in warmer homes.
This will include around £1 billion as part of our Warm Homes Plan, and other funding from social housing providers and obligations from suppliers. This could facilitate up to 300,000 homes to benefit from upgrades next year, helping reduce energy bills and deliver warmer homes that are cleaner to heat.