Written Question·Department for Energy Security and Net Zero·UIN 26727

Carbon Emissions: Finance

Tabled: 27 January 2025

Answered: 4 February 2025

Question

Steve Race

To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential impact of the Net Zero Innovation Portfolio on the economy.

Answer

Kerry McCarthy

The Government has provided innovation funding through the £1.3 billion Net Zero Innovation Portfolio (NZIP) and Advanced Nuclear Fund (ANF) to accelerate the commercialisation of innovative, low-carbon technologies, systems and business models in power, ...

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