Renewable Energy Exports 2020-03-05
2020-03-05
TAGS
Response quality
Questions & Answers
Q1
Partial Answer
▸
Context
The question arises from the need to support and enhance the export capabilities of the UK's leading renewable energy sector. The MP is concerned about maximising economic impact through exports.
What steps her Department is taking to support exports by the UK renewable energy sector?
We are working with the Department for Business, Energy and Industrial Strategy to maximise the overall economic impact of our world-leading renewable energy sector, including that of exports. The Department undertakes a range of promotion activities, including running trade missions and dedicated workshops.
▸
Assessment & feedback
Response accuracy
Q2
Partial Answer
▸
Context
The MP is questioning the support given to fossil fuel projects abroad and seeking clarity on how such funding is assessed for environmental and social impacts.
What support has the prosperity fund awarded to fossil fuel projects in developing countries, and how was that funding assessed in terms of the environmental and social impacts of those projects?
All investments by the prosperity fund are examined against the raft of UK Government policies, objectives and aims, and we do that in all cases in each continent of the world.
▸
Assessment & feedback
Specific support details to fossil fuel projects and their environmental impacts were not provided
Response accuracy
Q3
Direct Answer
▸
Context
The MP seeks a meeting to explore ways smaller businesses in the renewable energy supply chain can get more involved in exports.
Will the Minister agree to meet me and a delegation from the local industry to explore the possibilities?
I am grateful to my hon. Friend. He will be aware that the offshore wind sector deal, published in March 2019, sets an ambition of increasing exports fivefold to £2.6 billion by 2030. We are now seeing UK Export Finance financing major investments in Taiwan and other parts of the world, with UK expertise at the heart of it. I would be delighted to meet him.
▸
Assessment & feedback
Response accuracy
Q4
Partial Answer
▸
Context
Concern over the environmental impact of funding provided to oil and gas companies through UK Export Finance, as reported in a recent investigation.
Will the Minister commit to phasing out this support by 2021?
The Government are investing £2.5 billion in clean growth innovation by 2021, as set out in the industrial strategy. The offshore wind sector deal commits the sector to investing up to £250 million, building a stronger UK supply chain.
▸
Assessment & feedback
Commitment to phase out support for oil and gas companies by 2021 was not provided
Response accuracy