Barry Gardiner – 2016 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by Barry Gardiner on 2016-04-18.

To ask the Secretary of State for Energy and Climate Change, what steps she is taking to tackle the reduction in investment for renewable energy projected between 2017 to 2020 in the most recent National Infrastructure Pipeline, published on 23 March 2016.

Andrea Leadsom

Nearly £52 billion has been invested in renewables since 2010. The average annual investment in renewables has more than doubled in the last 5 years, with an average of £9bn invested each year in UK-based renewables. Indeed, 2015 was another record year with £13bn invested in renewable electricity.

In order to support further investment in renewables, we announced in the 2016 Budget funding for three further Contracts For Difference allocation rounds, worth £730m of annual support. We have also announced that the Renewable Heat Incentive budget will continue to March 2021, when it will reach £1.15 billion.