Written Question·Department for Energy Security and Net Zero·UIN 2137

Great British Energy: Finance

Tabled: 29 July 2024
Answered: 3 September 2024
Named Day

Question

Dave Doogan

Scottish National PartyAngus and Perthshire Glens

To ask the Secretary of State for Energy Security and Net Zero, whether any of the £8.3 billion funding allocated to Great British Energy over the next five years will be spent on funding the Contracts for Difference scheme.

Answer

Michael Shanks
No. The 8.3bn of funding allocated to Great British Energy over the next five years will be an additional measure and will not replace the need for other government support mechanisms such as the Contracts for Difference (CfD) scheme. The CfD Scheme is fu...

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