Cleaner Energy Technologies
Baroness Foster of Aghadrumsee Excerpts(1 year, 8 months ago)
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Baroness Foster of Aghadrumsee (Non-Afl)
My Lords, given the energy trilemma of the cost, the mix and security of supply, and given the year that we have had, should security of supply not be given more prominence in energy policy?
Lord Callanan (Con)
The noble Baroness makes a very good point. Security of supply is vital, and it is one reason why we want to continue to roll out the deployment of renewables in the UK—because, of course, if it is generated in the UK, it is secure. Part of the problem that we have seen over the past year has been our exposure to the vagaries of international markets. Sadly, we get only 40% of our gas supplies now from our own resources in the North Sea, and the rest we have to import, either by LNG or by pipeline. So we want more secure, reliable power generated here in the UK, because of course that is the most secure.