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1235982

registered interest
date	22/09/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	British Patient Capital
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what the average time from application to funding decision is for British Patient Capital.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	92649
answer	answer is ministerial correction date of answer 30/09/2020 answer text <p>As part of the Patient Capital Review, the Government consulted on potential barriers to accessing finance and the means to overcome them. Following the review’s conclusion in November 2017, my Rt. Hon. Friend Mr Chancellor of the Exchequer announced an action plan to unlock over £20 billion to finance growth in innovative firms over 10 years. The plan included additional resources for the British Business Bank, and the creation of its commercial subsidiary, British Patient Capital.</p><p> </p><p>Established in 2018, British Patient Capital builds on over a decade of investing £1bn in venture and venture growth capital funds. Several of these funds are now major names in UK venture, and many of the British Patient Capital team bring with them the experience, knowledge and relationships gained working in predecessor programmes. These relationships and British Patient Capital’s reputation allow it to see and take advantage of opportunities others may not. British Patient Capital predominantly invests as a Limited Partner investor.</p><p> </p><p>At the end of the last financial year, British Patient Capital’s portfolio consisted of 31 fund investments, with total commitments approaching £600m, making British Patient Capital the largest domestic investor in this asset class in the UK. Page 21 of British Patient Capital’s Annual Report and Accounts 2019 provides a sectoral breakdown and is available here: <a href="https://annualreport2019.britishpatientcapital.co.uk/assets/uploads/BPC_Annual_Report_2019.pdf" target="_blank">https://annualreport2019.britishpatientcapital.co.uk/assets/uploads/BPC_Annual_Report_2019.pdf</a>.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully grouped question UIN 92650 92653 92654 question first answered 30/09/2020 15:16:34 answering member 4414 label Biography information for Paul Scully
tabling member	4124 label Biography information for Chi Onwurah

1235983

registered interest
date	22/09/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	British Patient Capital
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps British Patient Capital is taking to ensure that the venture capital funds it invests in are supporting UK businesses to reach their potential.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	92650
answer	answer is ministerial correction date of answer 30/09/2020 answer text <p>As part of the Patient Capital Review, the Government consulted on potential barriers to accessing finance and the means to overcome them. Following the review’s conclusion in November 2017, my Rt. Hon. Friend Mr Chancellor of the Exchequer announced an action plan to unlock over £20 billion to finance growth in innovative firms over 10 years. The plan included additional resources for the British Business Bank, and the creation of its commercial subsidiary, British Patient Capital.</p><p> </p><p>Established in 2018, British Patient Capital builds on over a decade of investing £1bn in venture and venture growth capital funds. Several of these funds are now major names in UK venture, and many of the British Patient Capital team bring with them the experience, knowledge and relationships gained working in predecessor programmes. These relationships and British Patient Capital’s reputation allow it to see and take advantage of opportunities others may not. British Patient Capital predominantly invests as a Limited Partner investor.</p><p> </p><p>At the end of the last financial year, British Patient Capital’s portfolio consisted of 31 fund investments, with total commitments approaching £600m, making British Patient Capital the largest domestic investor in this asset class in the UK. Page 21 of British Patient Capital’s Annual Report and Accounts 2019 provides a sectoral breakdown and is available here: <a href="https://annualreport2019.britishpatientcapital.co.uk/assets/uploads/BPC_Annual_Report_2019.pdf" target="_blank">https://annualreport2019.britishpatientcapital.co.uk/assets/uploads/BPC_Annual_Report_2019.pdf</a>.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully grouped question UIN 92649 92653 92654 question first answered 30/09/2020 15:16:34 answering member 4414 label Biography information for Paul Scully
tabling member	4124 label Biography information for Chi Onwurah

1235986

registered interest
date	22/09/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	British Patient Capital
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps British Patient Capital is taking to ensure that the venture capital funds it invests in are supporting UK businesses to avoid premature sale.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	92653
answer	answer is ministerial correction date of answer 30/09/2020 answer text <p>As part of the Patient Capital Review, the Government consulted on potential barriers to accessing finance and the means to overcome them. Following the review’s conclusion in November 2017, my Rt. Hon. Friend Mr Chancellor of the Exchequer announced an action plan to unlock over £20 billion to finance growth in innovative firms over 10 years. The plan included additional resources for the British Business Bank, and the creation of its commercial subsidiary, British Patient Capital.</p><p> </p><p>Established in 2018, British Patient Capital builds on over a decade of investing £1bn in venture and venture growth capital funds. Several of these funds are now major names in UK venture, and many of the British Patient Capital team bring with them the experience, knowledge and relationships gained working in predecessor programmes. These relationships and British Patient Capital’s reputation allow it to see and take advantage of opportunities others may not. British Patient Capital predominantly invests as a Limited Partner investor.</p><p> </p><p>At the end of the last financial year, British Patient Capital’s portfolio consisted of 31 fund investments, with total commitments approaching £600m, making British Patient Capital the largest domestic investor in this asset class in the UK. Page 21 of British Patient Capital’s Annual Report and Accounts 2019 provides a sectoral breakdown and is available here: <a href="https://annualreport2019.britishpatientcapital.co.uk/assets/uploads/BPC_Annual_Report_2019.pdf" target="_blank">https://annualreport2019.britishpatientcapital.co.uk/assets/uploads/BPC_Annual_Report_2019.pdf</a>.</p> answering member constituency Sutton and Cheam answering member printed Paul Scully grouped question UIN 92649 92650 92654 question first answered 30/09/2020 15:16:34 answering member 4414 label Biography information for Paul Scully
tabling member	4124 label Biography information for Chi Onwurah

1235916

registered interest
date	21/09/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Energy
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether they plan to publish a White Paper on energy policy; and if so, when.
tabling member printed	Lord Goodlad
uin	HL8309
answer	answer is ministerial correction date of answer 05/10/2020 answer text <p>The Energy White Paper remains a priority for BEIS and it will be published in the autumn.</p> answering member printed Lord Callanan question first answered 05/10/2020 16:07:03 answering member 4336 label Biography information for Lord Callanan
tabling member	670 label Biography information for Lord Goodlad

1235917

registered interest
date	21/09/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Power Stations: Coastal Areas
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what assessment they have made of the potential effect of rises in sea levels on the operation of coastal power stations.
tabling member printed	Lord Goodlad
uin	HL8310
answer	answer is ministerial correction date of answer 05/10/2020 answer text <p>Great Britain has a reliable energy system and maintaining a safe and resilient energy supply is a key priority for this Government.</p><p>The Department for Business, Energy &amp; Industrial Strategy (BEIS) works with industry, regulators, sector bodies and other stakeholders to improve and maintain the resilience of the energy infrastructure, networks and assets, to reduce vulnerabilities, and ensure an effective response to actual or potentially disruptive incidents.</p><p>The 2008 Climate Change Act gave the Government powers to require organisations such as electricity generating companies, to carry out climate change risk assessments on their assets, and report on how they are adapting to climate change.</p><p>Through this work, generating companies have assessed that, due to the robust flood mitigation measures that have been put in place, existing assets are at low risk from climate related hazards such as flooding.</p><p>Additionally, planning applications for all new build power stations must demonstrate that companies have adequately taken into account the potential impacts of climate change, in their design. This ensures that our power stations continue to remain resilient to future climate related risks.</p> answering member printed Lord Callanan question first answered 05/10/2020 16:06:23 answering member 4336 label Biography information for Lord Callanan
tabling member	670 label Biography information for Lord Goodlad

1235956

registered interest
date	21/09/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	British Chambers of Commerce
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government whether they were consulted by the British Chambers of Commerce prior to the decision of that organisation to remove itself from the Association of European Chambers of Commerce and Industry; what assessment they have made of that decision; and what powers they have, if any, to reverse that decision.
tabling member printed	Viscount Waverley
uin	HL8349
answer	answer is ministerial correction date of answer 05/10/2020 answer text <p>The British Chambers of Commerce (BCC) is an organisation that is independent of Her Majesty’s Government. The BCC’s membership of any other organisations is a matter for the BCC to consider and decide upon. They did not consult with the Government prior to making this decision and the Government has no power to reverse it.</p> answering member printed Lord Callanan question first answered 05/10/2020 16:40:21 answering member 4336 label Biography information for Lord Callanan
tabling member	1744 label Biography information for Viscount Waverley

1236037

registered interest
date	21/09/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Hydrogen: Renewable Energy
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the potential merits of investing funds from the public purse in electrolyser deployment.
tabling member constituency	Rother Valley
tabling member printed	Alexander Stafford
uin	92948
answer	answer is ministerial correction date of answer 29/09/2020 answer text <p>The Government is committed to developing hydrogen as a strategic decarbonised energy carrier.</p><p> </p><p>We are investing in hydrogen innovation across the value chain. This includes the £33 million Low Carbon Hydrogen Supply competition aimed to accelerate the development of low carbon bulk hydrogen supply solutions and the Storage at Scale Competition, which looked for innovative, replicable large scale energy storage solutions that could provide a market competitive alternative to conventional commercial large-scale energy storage technologies. These included projects supporting electrolysis.</p><p> </p><p>We are considering revenue support delivered by business models to support the deployment of, and investment in, low carbon hydrogen production and developing a £100m Low Carbon Hydrogen Production Fund, announced in August 2019 to stimulate capital investment. Again, electrolysis is included in the scope of this work.</p><p> </p><p>The Government intends to publish a hydrogen strategy early in 2021, which will include discussion around the costs associated with expansion of the UK hydrogen economy, including scale up of production, and how these might be met<em>.</em></p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 29/09/2020 15:25:54 answering member 4134 label Biography information for Kwasi Kwarteng
tabling member	4866 label Biography information for Alexander Stafford

1236038

registered interest
date	21/09/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Mining: Carbon Emissions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to ensure UK mining industries undertake low carbon extraction techniques.
tabling member constituency	Rother Valley
tabling member printed	Alexander Stafford
uin	92949
answer	answer is ministerial correction date of answer 29/09/2020 answer text <p>There are a number of R&amp;D programmes that currently support innovative projects aimed at reducing the environmental impact of industrial processes, such as the Industrial Strategy Challenge Fund: Transforming Foundation Industries, and the Industrial Energy Transformation Fund, both of which are currently open for applications.</p><p> </p><p>Mineral planning authorities are responsible for controlling the use of land for mining activities through the policies and proposals in their local plans and through the granting of planning permission. In granting planning permission mineral planning authorities should ensure that operations do not have unacceptable adverse impacts on the natural and historic environment or human health. Other regulators (such as the Environment Agency) are responsible the control of processes or emissions (where these are subject to separate pollution control regimes).</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng grouped question UIN 92951 question first answered 29/09/2020 15:23:46 answering member 4134 label Biography information for Kwasi Kwarteng
tabling member	4866 label Biography information for Alexander Stafford

1236039

registered interest
date	21/09/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Mining: Radioactive Waste
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of whether the Radioactive Waste Management Strategy has ensured that radioactive by-products from the extractive industry are always processed in a safe manner.
tabling member constituency	Rother Valley
tabling member printed	Alexander Stafford
uin	92950
answer	answer is ministerial correction date of answer 29/09/2020 answer text <p>Waste from the extractive industry is covered by the 2009 Radioactive Discharges Strategy (2009 Discharges Strategy) and the 2014 <em>Strategy for the management of Naturally Occurring Radioactive Material (NORM) waste in the UK</em>. These strategies aim to limit the exposure of the public and the environment to radiation and require the safe processing of waste as part of those intended outcomes.</p><p> </p><p>In England, the safe management of radioactive wastes is regulated by the Environment Agency in accordance with The Environmental Permitting Regulations 2016.</p><p> </p><p>A 2018 review of the 2009 Discharges Strategy found that the UK was making good progress towards the Strategy’s intended outcomes and was contributing to the dose reduction aims of the Convention for the Protection of the Marine Environment of the North East Atlantic. Overall progress on the Strategy’s implementation is monitored through close liaison with our partners in the Devolved Administrations and UK environmental regulators.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 29/09/2020 16:13:18 answering member 4113 label Biography information for Nadhim Zahawi
tabling member	4866 label Biography information for Alexander Stafford

1236040

registered interest
date	21/09/2020
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Mining: Environment Protection
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how he plans to support businesses that are using low environmental impact mining techniques.
tabling member constituency	Rother Valley
tabling member printed	Alexander Stafford
uin	92951
answer	answer is ministerial correction date of answer 29/09/2020 answer text <p>There are a number of R&amp;D programmes that currently support innovative projects aimed at reducing the environmental impact of industrial processes, such as the Industrial Strategy Challenge Fund: Transforming Foundation Industries, and the Industrial Energy Transformation Fund, both of which are currently open for applications.</p><p> </p><p>Mineral planning authorities are responsible for controlling the use of land for mining activities through the policies and proposals in their local plans and through the granting of planning permission. In granting planning permission mineral planning authorities should ensure that operations do not have unacceptable adverse impacts on the natural and historic environment or human health. Other regulators (such as the Environment Agency) are responsible the control of processes or emissions (where these are subject to separate pollution control regimes).</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng grouped question UIN 92949 question first answered 29/09/2020 15:23:46 answering member 4134 label Biography information for Kwasi Kwarteng
tabling member	4866 label Biography information for Alexander Stafford