Oral Answers to Questions

Jack Brereton Excerpts

Tuesday 27th February 2024 Commons Chamber

[Andrew Jones (Harrogate and Knaresborough) (Con)]

7. What steps she is taking to help increase private sector investment in green technologies.

[Jack Brereton (Stoke-on-Trent South) (Con)]

16. What steps she is taking to help increase private sector investment in green technologies.

[The Secretary of State for Energy Security and Net Zero (Claire Coutinho)]

The UK has already made tremendous progress in securing investment in green technologies; recent figures indicate that there was £60 billion of investment in the UK in 2023, meaning that since 2010, the UK has had £300 billion of public and private investment in low-carbon sectors. Since I took office in September, we have put in place new policies and signed deals with different countries, and the investment has continued to flow, with plans for around £24 billion of new investment in low-carbon sectors announced by the private sector.

[Claire Coutinho]

We have set out the most radical reforms to the grid since the 1950s. As the action plan sets out, we are taking action with Ofgem and network companies to accelerate those really important network connections. Network companies are offering earlier connection to battery storage and generation projects. For example, 10 GW of battery storage projects are already being offered connection dates to the transmission network that are on average four years earlier than was originally agreed.

[Jack Brereton]

The UK’s ceramics sector has invested heavily in energy efficiency technologies, and it is committed to going further, but many of the alternative green technologies are not yet viable, and there are serious risks that too stringent net zero targets will result in carbon leakage, and in offshoring an industry and skilled jobs to countries that have a far worse environmental record. Will my right hon. Friend look seriously at exempting the ceramics sector from the emissions trading scheme, to give the sector the breathing space that it needs to invest?

[Claire Coutinho]

I commend my hon. Friend’s unwavering commitment to advocating for the ceramics sector in his constituency. The UK Government remain steadfast in safeguarding sectors deemed at risk of carbon leakage, and I strongly encourage the ceramics sector in his constituency to actively participate in the consultation on free allocation policy, which is open.