Utilities: Foreign Investment in UK
Question
Dr Roz Savage
To ask the Secretary of State for Energy Security and Net Zero, what conclusions he has come to about the potential risks of foreign investment in our utilities sector.
Answer
Michael ShanksThe Government takes the security and resilience of UK energy infrastructure extremely seriously with the UK being one of the most reliable and safest energy systems, and one of the most attractive investment destinations in the world. Maintaining a secure energy supply is a key priority for the UK Government.
We have a range of effective measures in place which give the Government powers to balance an open investment environment to facilitate growth with protecting the areas of our economy that are the most sensitive to national security.