Department for Energy Security and Net Zero written question – answered at on 14 November 2024.
Mike Amesbury
Independent, Runcorn and Helsby
To ask the Secretary of State for Energy Security and Net Zero, if he will make an assessment of the potential merits of continuing grant funding to the offshore wind supply chain investment.
Michael Shanks
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Government has just launched the Clean Industry Bonus, an addition to Contract for Difference (CfD) payments for fixed and floating offshore wind developers who invest in their supply chains.
The Government has capitalised the National Wealth Fund with £27.8bn, which will mobilise billions of pounds of investment in the UK’s world-leading clean energy and growth industries, and support the delivery of the Industrial Strategy.
£8.3bn has also been announced for the newly created Great British Energy which will work in lockstep with the National Wealth Fund.
Yes3 people think so
No2 people think not
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