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Office for Renewable Energy Development

Volume 497: debated on Tuesday 13 October 2009

To ask the Secretary of State for Energy and Climate Change (1) when he expects the budget for 2009-10 of the Office for Renewable Energy Deployment to be finalised; (289895)

(2) when he expects the Office for Renewable Energy Deployment to become operational.

The Office for Renewable Energy Deployment (ORED) was launched on 15 July 2009. ORED's mission is to accelerate the deployment of renewable energy in order to reduce carbon emissions, increase security of supply and create business opportunities in the UK.

As of August 2009 the budgets available to ORED, including funding allocated to low carbon investment in Budget 2009, are as set out in the following table. In addition, ORED will also be delivering projects funded from the Strategic Investment Fund managed by BIS; this additional funding amounts to up to £135.5 million over the next two years.

ORED Budgets

£ million

2009-10

2010-11

Administration

7.1

5.8

Programme

13.6

8.9

Capital

38.3

61.2

Total

59.0

75.9