Renewable Energy: Finance

(asked on 21st May 2019) - View Source

Question to the HM Treasury:

What recent assessment he has made of trends in the level of public funding for renewable energy since 2010.


Answered by
Robert Jenrick Portrait
Robert Jenrick
This question was answered on 21st May 2019

The Government is committed to investing in renewable energy and our support has enabled the UK to become a world leader in clean growth with the fastest emissions reduction on a per person basis than any other G7 nation.

We will spend £4.5 billion between 2016 and 2021 to support the development of renewable and low carbon heating through the Renewable Heat Incentive.

The Government is also encouraging private sector innovation and £92 billion of private funding has been invested in clean energy in the UK since 2010.

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