Clean Steel Fund

Department for Business, Energy and Industrial Strategy written question – answered on 25th November 2022.

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Photo of Stephen Kinnock Stephen Kinnock Shadow Minister (Home Office) (Immigration)

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to ensure the Clean Steel Fund is allocated at the earliest opportunity.

Photo of Nusrat Ghani Nusrat Ghani The Minister of State, Department for Business, Energy and Industrial Strategy

The Government recognises the vital role that the steel sector plays across the economy of the United Kingdom. We will continue to work with the sector to support its decarbonisation efforts and we have already established various funding schemes such as the Industrial Energy Transformation Fund (IETF) and the Industrial Decarbonisation and Hydrogen Revenue Support (IDHRS) in this regard. Further proposals, including the approach to the Clean Steel Fund, will be unveiled at the earliest possible occasion.

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