Energy: Finance
Commons · Question 12395 · Tabled 4 Nov 2024 · Department for Energy Security and Net Zero · Official record
Answered 11 Nov 2024
Question
Asked by Mark Garnier
To ask the Secretary of State for Energy Security and Net Zero, whether he has made an estimate of the number of unfinanced energy projects in the queue to be connected to the power grid.
Answer
Answered by Michael Shanks, 11 Nov 2024
Data on financing of projects in the connections queue is not available. However, National Energy System Operator estimates that historically, 60-70% of transmission connection projects do not ultimately connect, including those that do not secure financi...