Renewable Energy: Investment

(asked on 27th June 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what criteria his Department uses to determine investment in emerging energy technologies.


Answered by
Graham Stuart Portrait
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 5th July 2023

The Government set out the criteria it uses to prioritise investment in emerging net zero technologies in the UK Net Zero Research and Innovation Framework Delivery Plan. These are: i) Maximising UK strategic advantage and developing UK energy security – focusing on the highest potential for UK business opportunities and jobs; ii) Expected contributions to delivering the UK’s carbon budgets and major decarbonisation; iii) Retaining optionality of different net zero pathways – investing in a portfolio of solutions.

Reticulating Splines