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25 Nov 2008 : Column 1478W—continued
Wind Power: Finance
Greg Clark: To ask the Secretary of State for Energy and Climate Change what the budget is for the offshore wind capital grants scheme in (a) this financial year and (b) each of the next five financial years. [234607]
Mr. Mike O'Brien: The Department of Energy and Climate Change has one offshore wind capital grant schemes supported under the Environmental Transformation Fund.
The first offshore wind capital grants scheme was launched in 2003 to provide support to Round 1 demonstration scale offshore wind projects, and was designed to support early-stage learning in this emerging technology and provide lessons learned to help reduce costs for future commercial-scale projects. This scheme is fully committed and disbursements under the scheme are expected to complete in FY2012-13. Detailed budgets for (a) and (b) are:
| Spend Profile | |
| £ million | |
Greg Clark: To ask the Secretary of State for Energy and Climate Change what funding the Government have provided for the offshore wind capital grants scheme in each financial year since its creation. [234608]
Mr. Mike O'Brien: The Government's Offshore Wind Capital Grant Scheme was launched in 2003 to provide support to Round 1 demonstration scale offshore wind projects, and was designed to support early-stage learning in this emerging technology and provide lessons learned to help reduce costs for future commercial-scale projects.
The total capital grants programme was £107 million and was fully committed through three calls. The BIG Lottery Fund provided a grant of £10 million to one of the project supported under this scheme, which is not included in the figures. Funding under the scheme is disbursed in stages: on project commencement, completion and full commissioning and once each of three annual reports are completed once operational.
Full disbursement is anticipated by FY2012-13.
| Funding disbursed in each financial year to date | |
| £ million | |
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