Electricity: Foreign Companies
The question
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential impact of prohibitions under the Electricity Act 1989 of the use of high-risk foreign vendors in licensed electricity infrastructure on energy security.
Answered by Michael Shanks
As an open economy the UK welcomes foreign trade and investment where it supports growth, meets our regulatory requirements, and does not compromise our national security. The protection and security of the energy sector is a priority of this Government.
As well as the Electricity Act 1989, we have a range of effective measures in place which give the Government powers to balance an open investment environment to facilitate growth with protecting the parts of our economy that are the most sensitive to national security.
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