My right hon. Friend the Secretary of State for Trade and Industry published the Prospectus for the Energy Technologies Institute on 14 September. It is envisaged that around 10 core industry partners will be required for this public-private partnership, each committed to making an equal contribution of up to £5 million per year for up to 10 years to match the Government’s commitment. Four of the world’s biggest energy companies have already offered support—BP, E.ON UK, Shell and EDF Energy.
My right hon. Friend the Secretary of State for Trade and Industry published a Prospectus for the Energy Technologies Institute on 14 September. It was prepared in collaboration with the four companies that have already agreed to be involved (BP, E.ON UK, EDF and Shell), and aims to seek broader participation and wider views from organisations and businesses across the UK, and beyond. To date four organisations from Wales have responded: one large company, two SMEs and one NGO.
My right hon. Friend the Secretary of State for Trade and Industry published a Prospectus for the Energy Technologies Institute on 14 September. It included an invitation to attend an open information event on 11 October. Some 230 individual expressions of interest were received. Over 150 participants attended the event. A note of the questions and answers will be circulated to all interested parties, and will be the first of a series of information bulletins to be distributed to this community of interest. At present no follow-up events are planned.