Electricity: Decarbonisation

Debate between Lord Callanan and Lord Mountevans

Wednesday 21st December 2022 Lords Chamber

[Lord Callanan (Con)]

The noble Lord is right—energy efficiency is extremely important, which is why we are spending £6.6 billion this Parliament on various energy efficiency strategies. The Chancellor in his Budget announced another £6 billion from 2025 for energy efficiency projects. We have an ambitious target; a new task force is being set up to deliver a 15% reduction by 2030.

[Lord Mountevans (CB)]

My Lords, the Minister has already mentioned the support that the Government have given to Rolls-Royce in developing the small modular reactor. What plans do the Government have to assist Rolls-Royce to move this exciting British technology towards domestic delivery?

[Lord Callanan (Con)]

As the noble Lord said, we are supporting it. It has exciting potential, but it is in the very early stages at the moment. The designs are still being approved, but we will want to ensure that appropriate support is given to roll it out domestically—and then there is its tremendous export potential as well.

Government Departments: Communication with Industry and Commerce

Debate between Lord Callanan and Lord Mountevans

Monday 14th November 2022 Lords Chamber

[Lord Mountevans (CB)]

My Lords, businesses in the City of London and industry in general are keen to share their views on how to improve the international competitiveness of the United Kingdom. Can the Government ensure that those views are actively canvassed at an early stage when undertaking consultation as part of developing legislation?

[Lord Callanan (Con)]

I can give the noble Lord that assurance. We have been engaging extensively with the City of London financial services firms in the development of the related legislation that will shortly be before your Lordships.

Maritime Industry

Debate between Lord Callanan and Lord Mountevans

Thursday 17th September 2020 Lords Chamber

[Lord Mountevans (CB) [V]]

My Lords, in begging leave to ask the Question standing in my name on the Order Paper, I declare my maritime interests, as listed in the register.

[The Parliamentary Under-Secretary of State, Department for Business, Energy and Industrial Strategy (Lord Callanan) (Con)]

The Chancellor has made it clear that one of his priorities is to make the UK a science superpower, including leading on the development of technologies that will support the Government’s ambition to reach net-zero carbon emissions by 2050. In the autumn, the comprehensive spending review will set out details of this historic investment, giving researchers and innovators confidence and ensuring that we can meet the objectives we have set out in the R&D roadmap.

[Lord Mountevans (CB) [V]]

I thank the Minister for his reply. The maritime industry has worked tirelessly during the Covid emergency to keep vital supply lines open, but this has come at a cost and businesses’ cash reserves are now heavily depleted. The industry has submitted a bid for £1 billion of government investment under the comprehensive spending review to kick-start decarbonisation. This would create nearly 75,000 jobs in the maritime industry, across every nation of the UK and especially in our coastal communities. It would help to position Britain as a world leader in maritime decarbonisation, which will be an enormous area of business. Does the Minister recognise the potential of this investment and would he be willing to meet me and industry representatives to explore these possibilities and opportunities?