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Incentives

Asked by Sir Bernard JenkinConservativeDepartment for Energy Security and Net ZeroTabled Answered 13 November 2024UIN 12681

The question

To ask the Secretary of State for Energy Security and Net Zero, when he plans to implement a British jobs bonus scheme; and how much he plans to allocate to each year of the scheme.

Answered by Michael Shanks

The Government has launched the Clean Industry Bonus, an addition to Contract for Difference (CfD) payments for fixed and floating offshore wind developers who invest in their supply chains. The budget for the Bonus will be £27m per gigawatt of offshore wind capacity that applies to the 2025 CfD round. Policy on future rounds will be communicated in due course.

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