Written questions

Offshore Industry: Clean Energy

Commons · Question 2874 · Tabled 30 Aug 2024 · Department for Energy Security and Net Zero · Official record

Answered 6 Sep 2024

Question

Asked by Mark Garnier

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

Answered by Michael Shanks, 6 Sep 2024

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.