Asked by: Lord Haworth (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask His Majesty's Government when Great British Nuclear will be (1) established, and (2) fully operational.
Answered by Lord Callanan - Shadow Minister (Foreign, Commonwealth and Development Office)
The Government will make an announcement on the set up of GBN early in the new year. The Government will provide funding for GBN to help projects get investment ready and support them through the construction phase.
Asked by: Lord Haworth (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what steps they are taking to support trials of manufacturing steel with hydrogen.
Answered by Lord Callanan - Shadow Minister (Foreign, Commonwealth and Development Office)
The Department is working with the steel sector, via the Steel Council, to explore how to create a competitive, sustainable, and low carbon future for the sector. Hydrogen-based steelmaking is one of the technological approaches being examined as part of this process.
The UK steel sector can bid into industrial fuel switching innovation programmes under the Net Zero Innovation Portfolio (NZIP), which is intended to promote switching away from more carbon-intensive fuel sources.
The Government has also set up the Industrial Decarbonisation and Hydrogen Revenue Support scheme to fund new hydrogen and industrial carbon capture business models. The scheme will be open to businesses across industry, including steel companies.
Asked by: Lord Haworth (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government when they will introduce the Registration of Overseas Entities Bill to Parliament.
Answered by Lord Callanan - Shadow Minister (Foreign, Commonwealth and Development Office)
As set out in my Written Ministerial Statement made on 2nd November 2021, the Government remains committed to establishing a new beneficial ownership register of overseas entities that own UK property. This register will help combat money laundering and achieve greater transparency in the UK property market. We will legislate when parliamentary time allows.
Asked by: Lord Haworth (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government when they expect to publish the next Energy White Paper.
Answered by Lord Henley
My rt. hon. Friend the Secretary of State for Business, Energy & Industrial Strategy has stated his intention to publish the energy white paper in the summer. We will provide more details in due course.
Asked by: Lord Haworth (Labour - Life peer)
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what plans they have for meeting the UK's future energy needs following the recent cancellations of plans to build new nuclear power stations in Cumbria and Wales.
Answered by Lord Henley
The Wylfa and Moorside projects were not due to be operational until the late 2020s, and there are a range of options for replacing this capacity over that time-frame. National Grid have said that there will be no issue with future security of supply as a result of these announcements, and that there is time for the market to react. Last year we procured over 3GW of offshore wind in a single Contract for Difference auction – at a price of £57.50 per megawatt hour. Both Wylfa and Moorside remain potential sites for nuclear new build under the current National Policy Statement, and myself and BEIS officials remain willing to meet with any viable proponents wishing to develop these sites. My rt. hon. Friend the Secretary of State will set out a new approach to financing new nuclear in the planned energy White Paper in the summer.