Written Question·Department for Energy Security and Net Zero·UIN 127026
Energy: Finance
Tabled: 13 April 2026
Answered: 21 April 2026
Question
David Smith
Labour — North Northumberland
To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking to ensure that energy development project special purpose vehicles cover the financial liability of decommissioning.
Answer
Michael ShanksThe Department operates a statutory scheme under the Energy Act 2004 to ensure that those responsible for constructing offshore energy installations are responsible for covering the financial liability of decommissioning. Regardless of how an installation...
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