Written Question·Department for Energy Security and Net Zero·UIN 2487

Great British Energy: Private Sector

Tabled: 30 July 2024
Answered: 2 September 2024

Question

Dave Doogan

Scottish National PartyAngus and Perthshire Glens

To ask the Secretary of State for Energy Security and Net Zero, what proportion of Great British Energy's budget will be allocated to early development work to help de-risk private sector investments over the next five years.

Answer

Michael Shanks
Great British Energy will be an operationally independent company capitalised with £8.3 billion over this Parliament. The exact proportion of investment allocated to different priorities will be a decision for Great British Energy and investment to suppor...

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