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446199

	registered interest
	date	20/01/2016
	answering body	Department for Energy and Climate Change
	answering dept id	63
	answering dept short name	Energy and Climate Change
	answering dept sort name	Energy and Climate Change
	hansard heading	Environment Protection: Investment
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Energy and Climate Change, what assessment she has made of whether there have been market failures in green and low carbon investment over the last five years; and if she will make an assessment of the most important potential threats to such investment.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	23294
	answer	answer is ministerial correction date of answer 27/01/2016 answer text <p>Electricity Market Reform was introduced to overcome barriers to investment and deployment of large scale low carbon UK power generation. The UK has enjoyed record levels of deployment of renewables in recent years and the Government has also agreed a deal to bring forward the first new nuclear power station in a generation. Increasingly, as we benefit from the lower technology costs arising from this deployment, we can expect competitive forces increasingly to stimulate further investment in the low carbon power generation that the country needs.</p><br /> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 27/01/2016 13:46:24 answering member 4117 label Biography information for Andrea Leadsom previous answer version 40967 answering member constituency South Northamptonshire answering member printed Andrea Leadsom answering member 4117 label Biography information for Andrea Leadsom
	tabling member	1400 label Biography information for Kevin Brennan

446201

	registered interest
	date	20/01/2016
	answering body	Department for Energy and Climate Change
	answering dept id	63
	answering dept short name	Energy and Climate Change
	answering dept sort name	Energy and Climate Change
	hansard heading	Environment Protection: Investment
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Energy and Climate Change, what estimate her Department has made of the amount of (a) public and (b) private sector investment needed to fulfil Government targets for low-carbon infrastructure and supply chain investment in each year to 2025.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	23296
	answer	answer is ministerial correction date of answer 02/02/2016 answer text <p>The National Infrastructure Pipeline provides annual estimates of investment in the Energy Sector. The 2015 publication of the National Infrastructure Pipeline [1] estimates £141bn worth of investment up to 2020/21 with a further £103bn post 2020/21. The figures do not distinguish between private and public investment.</p><p> </p><p><em><strong>[1]</strong></em><em> <a href="https://www.gov.uk/government/publications/national-infrastructure-pipeline-july-2015" target="_blank">https://www.gov.uk/government/publications/national-infrastructure-pipeline-july-2015</a></em></p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 02/02/2016 12:33:55 answering member 4117 label Biography information for Andrea Leadsom previous answer version 40968 answering member constituency South Northamptonshire answering member printed Andrea Leadsom answering member 4117 label Biography information for Andrea Leadsom
	tabling member	1400 label Biography information for Kevin Brennan

479033

	registered interest
	date	16/03/2016
	answering body	Department for Energy and Climate Change
	answering dept id	63
	answering dept short name	Energy and Climate Change
	answering dept sort name	Energy and Climate Change
	hansard heading	North Sea Oil: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Energy and Climate Change, what recent assessment she has made of the availability of bank loans for oil exploration companies which operate in the North Sea.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	31340
	answer	answer is ministerial correction date of answer 22/03/2016 answer text <p>Banks must make commercial decisions with regard to lending. The Government’s clear view is that the UK’s offshore oil and gas industry has a bright future and will remain a significant and important industry and energy supplier for the UK. The Government’s confidence in the sector was underlined in the tax reform package outlined by the Chancellor of the Exchequer in the Budget , worth £1 billion. In the Budget, the Chancellor also announced that the government is willing to consider proposals for using the UK Guarantees scheme for infrastructure where it could help secure new investment in assets of strategic importance to maximising economic recovery of oil and gas. Any proposals would also need to meet the existing criteria of the scheme, including in relation to commerciality and financial credibility</p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 22/03/2016 15:27:37 answering member 4117 label Biography information for Andrea Leadsom previous answer version 52536 answering member constituency South Northamptonshire answering member printed Andrea Leadsom answering member 4117 label Biography information for Andrea Leadsom
	tabling member	1400 label Biography information for Kevin Brennan