Written Question·Department for Energy Security and Net Zero·UIN 96028
Geothermal Power: Finance
Tabled: 1 December 2025
Answered: 9 December 2025
Question
Ben Maguire
Liberal Democrat — North Cornwall
To ask the Secretary of State for Energy Security and Net Zero, if his Department will make an assessment of the potential merits of introducing a ring-fenced budget specifically for geothermal projects in the next round of Contract for Difference funding
Answer
Michael ShanksAuction parameters and budget are set based on a wide range of factors, including an assessment of the potential project pipeline and progress towards decarbonisation targets. The Government will confirm the details of Allocation Round 8 budget and parame...
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