Written Question·Department for Energy Security and Net Zero·UIN 2874

Offshore Industry: Clean Energy

Tabled: 30 August 2024
Answered: 6 September 2024

Question

Mark Garnier

ConservativeWyre Forest

To ask the Secretary of State for Energy Security and Net Zero, what estimate he has made of the investment that (a) oil and (b) gas companies have made in clean energy in the last 10 years.

Answer

Michael Shanks
The Government does not systematically track investments made by specific companies in clean energy. DESNZ analysis of BNEF data shows that between 2010 and 2023 the UK saw £300billion of public and private investment across low carbon sectors.