(7 years ago)
Commons ChamberAs my hon. Friend knows, the issues raised by the review are complex. A lagoon programme could cost in the region of £50 billion. The costs of renewable energy are plummeting, and we need to consider the questions associated with deploying this technology in the marine environment. All programmes have to be considered with the following in mind: the cost, the export potential and the contribution to the green economy.
The Hendry review was delivered on time by a distinguished former Conservative Energy Minister who started a sceptic and finished a convert, strongly recommending that the Government push ahead with a pilot project. Although none of us would want to see the Government rush into decisions of this kind— a global first—what are the chances of a formal response before the review’s first anniversary in January? Does my hon. Friend agree that the Budget is an excellent opportunity for a positive announcement?
My hon. Friend may be frustrated, and I know the Government have yet to respond to the review, but as I have said this is an extremely complex issue and we need to ensure that we make the right decision. All I can say to him is that we will be publishing our response in due course.
(7 years, 5 months ago)
Commons ChamberEarlier this year, 116 MPs signed a letter I wrote to the Secretary of State urging him to implement the recommendations of the Hendry review for the world’s first ever tidal lagoon. When will a decision be taken?
The Hendry review also said that there are significant questions as to whether tidal lagoons can be cost-effective, and very complex issues are involved. We are fully aware that a Government decision is needed in order for anything to proceed, but it is absolutely right that we take the necessary time to consider this carefully.