PARLIAMENTARY WRITTEN QUESTION
Energy: Finance (4 November 2024)
Question Asked
To ask the Secretary of State for Energy Security and Net Zero, whether he has made an estimate of the number of unfinanced energy projects in the queue to be connected to the power grid.
Asked by:
Mark Garnier (Conservative)
Asked by:
Mark Garnier (Conservative)
Answer
Data on financing of projects in the connections queue is not available. However, National Energy System Operator estimates that historically, 60-70% of transmission connection projects do not ultimately connect, including those that do not secure financing. NESO is currently consulting on proposals that would, if approved, ensure only viable projects are able to obtain and retain a connection agreement.
Answered by:
Michael Shanks (Labour)
11 November 2024
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