(1 year, 9 months ago)
Lords ChamberMy noble friend is dogged in his determination to get tidal on the agenda. I agree with him that we need more renewable energy, and we have allocated a number of CfD contracts to different forms of tidal energy.
My Lords, on a slightly different tack, has the Minister’s department made any assessment yet, or will it do so, of the claims we have recently seen in the press about new technology for carbon capture and storage at sea? Is that likely to be a game-changer or has it been overhyped?
The noble and gallant Lord deserves a longer answer than I have time for. CCUS is emerging technology. We have a huge programme of support and will be making announcements shortly about the track 1 cluster, to use the jargon, of some of the schemes that will be supported. There are a number of innovative schemes around the UK that deserve our backing.
(2 years, 8 months ago)
Lords ChamberNothing will go through in terms of an error, I can assure the noble Lord of that. This transaction is being considered very closely and there is an ongoing review by the National Security Adviser, as I said in response to the noble Baroness, Lady Blake. But the decision has to be taken, as outlined under the terms of the Act, by the Business Secretary. It is his decision and his alone, in quasi-judicial terms.
My Lords, I realise that the structures and processes of government can be something of a mystery, but I am at a bit of a loss to understand—perhaps the Minister can help me here—how something so crucial to the security and defence of this country and our national infrastructure can be an issue for the Business Secretary.
I can certainly help the noble and gallant Lord on that. That is what Parliament decided under the NSI Act: that these decisions are a matter for the Business Secretary to take under the terms of that Act, under the powers granted to him by Parliament under that Act, and he will take those decisions. Obviously, a lot of advice is coming his way from all different parts of government, and from the National Security Adviser, but the decision is his alone to take.
(2 years, 9 months ago)
Lords ChamberMy Lords, Russia is clearly the immediate focus, but will the Government take a wider strategic view and set urgent work in hand to reduce our dependence on the supply of resources, goods and services from all autocracies, most particularly China?
Of course we need a diverse mix of energy, which this Question is about, and to generate as much of our own power as possible. The noble and gallant Lord makes a good point about reducing our dependence on autocracies.
(3 years ago)
Lords ChamberThe noble Lord is of course aware that we have announced action in both of those cases: both the instances he mentioned are currently being reviewed. As I said, if we need to take action, we will. On his broader question about semiconductors, we already offer a lot of support to industry through the research councils and the catapults and will continue to do so. It is an area that the Government are acutely aware of.
My Lords, this is part of much wider picture, of course. Can the Minister assure the House that, in their forthcoming national resilience strategy, the Government will deal with such industrial issues in a sufficiently agile way that will be able to cope with a rapidly evolving corporate and technological landscape?
The noble and gallant Lord makes a good point, which is why we have strengthened our powers under the National Security and Investment Act, recently passed in this House. We look forward to implementing that legislation on 4 January. It will require notifications in 17 key areas of the economy. On top of that, the Secretary of State has additional call-in powers.