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Renewable Energy: Foreign Investment in UK

Asked by Pippa HeylingsLiberal DemocratDepartment for Energy Security and Net ZeroTabled Answered 20 October 2025UIN 79145

The question

To ask the Secretary of State for Energy Security and Net Zero, with reference to the United States' Department of Energy's press release entitled Energy Department returns $13 billion in unobligated wasteful spending to American taxpayers, published on 24 September 2025, whether he has made an assessment of the potential impact of that announcement on international investment confidence in UK renewable energy developments.

Answered by Michael Shanks

Government remains confident in the UK’s ability to attract international investment in the clean energy mission. We will achieve this by driving investment certainty, delivering targeted catalytic public investment, and breaking down barriers to investment.

Since July 2024, over £50 billion of private investment has been announced into the UK’s clean energy industries.

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