Electricity: Decarbonisation Debate
Full Debate: Read Full DebateLord Mountevans
Main Page: Lord Mountevans (Crossbench - Excepted Hereditary)Department Debates - View all Lord Mountevans's debates with the Department for Business, Energy and Industrial Strategy
(1 year, 8 months ago)
Lords ChamberThe noble Lord is right—energy efficiency is extremely important, which is why we are spending £6.6 billion this Parliament on various energy efficiency strategies. The Chancellor in his Budget announced another £6 billion from 2025 for energy efficiency projects. We have an ambitious target; a new task force is being set up to deliver a 15% reduction by 2030.
My Lords, the Minister has already mentioned the support that the Government have given to Rolls-Royce in developing the small modular reactor. What plans do the Government have to assist Rolls-Royce to move this exciting British technology towards domestic delivery?
As the noble Lord said, we are supporting it. It has exciting potential, but it is in the very early stages at the moment. The designs are still being approved, but we will want to ensure that appropriate support is given to roll it out domestically—and then there is its tremendous export potential as well.