Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he has made an assessment of the potential merits of using the new Energy Wealth Fund to establish an early stage de-risking fund for deep geothermal energy projects.

Established within the National Wealth Fund (NWF), the Energy Wealth Fund (EWF) will invest in renewable and low carbon energy infrastructure across the UK, helping unlock growth and supporting projects that will drive the country’s transition to a low-carbon economy. Further details will be set out in due course.