Oral Answers to Questions

Debate between Lord Johnson of Marylebone and Liz Saville Roberts

Tuesday 13th December 2016 Commons Chamber

[Joseph Johnson]

Yes, I am happy to provide that assurance. Innovate UK, our innovation agency, will be at the heart of our industrial strategy, and the autumn statement will provide it with the resources it needs to continue to do its job of supporting small businesses in innovation.

[Liz Saville Roberts (Dwyfor Meirionnydd) (PC)]

Tidal Lagoon Power’s report, “Ours to own”, anticipates that tidal lagoons could bring more than £70 billion to the UK industry. Swansea Bay tidal lagoon is key to unlocking that innovative potential, which has great opportunities for Cardiff and the north Wales coast, as well. I appreciate that the Minister will have concerns about costs to customers, but will he commit to weighing up all aspects of the energy trilemma in his response to the Hendry report?

[Joseph Johnson]

We are looking very carefully at the report and will be coming forward with our response in due course.