Foreign Investment in UK: Renewable Energy

Department for Business and Trade written question – answered am ar 26 Mawrth 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Ian Lavery Ian Lavery Llafur, Wansbeck

To ask the Secretary of State for Business and Trade, with reference to her Department's statistics entitled DBT inward investment results 2022 to 2023, published on 27 June 2023, if she will publish a breakdown by technology of the 67 Foreign Direct Investment renewable energy projects.

Photo of Ian Lavery Ian Lavery Llafur, Wansbeck

To ask the Secretary of State for Business and Trade, with reference to her Department's statistics entitled DBT inward investment results 2022 to 2023, published on 27 June 2023, if she will list the 67 Foreign Direct Investment renewable energy projects by value.

Photo of Ian Lavery Ian Lavery Llafur, Wansbeck

To ask the Secretary of State for Business and Trade, with reference to her Department's Inward investment results 2022 to 2023, published on 27 June 2023, what the value of the 67 foreign direct investments into renewable energy were, by technology type.

Photo of Nusrat Ghani Nusrat Ghani Minister of State (Department for Business and Trade) (jointly with the Cabinet Office), Minister of State (Minister for Europe)

The Department for Business and Trade does not publish value and type information in the annual foreign direct investment publication at sector level due to data availability and confidentiality issues.

As there are gaps in the completeness of the value information across projects across sectors, DBT excludes value information to the publication. The impact of these gaps is greater when the data is divided into specific sector areas. However, at an aggregate level it is possible to add value related data.

Additional breakdowns describing the type or nature of an investment increase the opportunity to identify individual companies, to which DBT offer full confidentiality.

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