Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking to encourage private sector funding for renewables.

The Contracts for Difference scheme is the Government’s main mechanism for supporting investment in new low-carbon electricity generation projects in Great Britain. This month we will be launching the Allocation Round 5, for which Government has set an initial budget of £205 million. Allocation rounds will now run annually to accelerate deployment and investment in renewable generation.