Energy: Infrastructure
The question
To ask the Secretary of State for Energy Security and Net Zero, how Green Book appraisal criteria are used to assess investments in energy infrastructure in regions with high industrial and renewable potential, including the North East.
Answered by Michael Shanks
HM Treasury’s Green Book sets out the framework for assessing value for money for taxpayers across different policy proposals. It is applied consistently across all regions. However, it also uses place-based analysis to account for differences between towns, regions and countries, including areas such as the North East.
When assessing infrastructure proposals, officials consider the full range of societal costs and benefits, including upfront and operating costs, changes in energy use, and impacts on greenhouse gas emissions. These are quantified and monetised using the best available evidence and standardised assumptions, ensuring consistent and robust assessments for ministers.
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