Energy: Renewables
Debate between Lord James of Blackheath and Lord Marland(14 years, 4 months ago)
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Lord James of Blackheath
My Lords, I beg leave to ask the Question standing in my name on the Order Paper. In so doing, I note my former interest as chairman of North Sea Assets plc and British Underwater Engineering plc.
The Parliamentary Under-Secretary of State, Department of Energy and Climate Change (Lord Marland)
My Lords, I believe that the noble Lord is referring to the European Union’s obligation under the renewable energy directive to source 20 per cent of its energy from renewable sources by 2020, of which the UK share is to achieve 15 per cent renewable energy consumption by 2020. We are committed to meeting the UK’s target for renewable energy by 2020, but we want to go further and have asked the Committee on Climate Change to provide independent advice on the level of ambition for renewables across the UK.
As part of the package of challenging energy and climate change measures, the UK has also signed up to the target of a reduction in new EU greenhouse emissions of at least 20 per cent below 1990 levels by 2020. Actual costs will depend on how the market responds to incentives, on barriers to deployment and on how technology costs evolve between now and 2020. We will continue to monitor and review the uptake of financial incentives and costs.
Lord James of Blackheath
I thank the Minister for that reply. Can he confirm whether his department is able to agree with the former estimates last provided to your Lordships by the previous Government to the effect that they would achieve the target for 2020 with a programme of extensive wind farm developments on Crown properties within a budget to be provided by the Prime Minister of the time—not from his own pocket, I think—of £75 billion? Does that hold good as an achievable forecast today, given that not a scrap of equipment can be contracted for wind farm development until 2020?