Energy: Investment

(asked on 18th October 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent steps his Department has taken to help increase investment in the energy sector.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 26th October 2022

The Government’s clear focus on fixing the UK’s long term energy supply is creating major opportunities for private sector investment, in the North Sea following the 33rd licensing round, in nuclear given our ambition to progress two projects to FID next Parliament, and in renewables where we are moving to annual CfD auction rounds from 2023.

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