Gas-fired Power Stations

Debate between Martin Vickers and Graham Stuart

Wednesday 13th March 2024 Commons Chamber

[Graham Stuart]

I meet representatives of the oil and gas industry a lot, because the truth is that even given our world leadership—and we have cut emissions by more than any other major economy on the planet—75% of our primary energy today is still from oil and gas. We will still be dependent on oil and gas in 2050, when we are at net zero. That is why it is so crazy that the Opposition parties, including that of the hon. Lady, believe in opposing licences when we are actually dependent on the product. All that ending licences would do is lead to the loss of British jobs and the import of higher-emission products from abroad. I really do hope that Opposition Members will think a bit more deeply and we can hear some common sense. I hear it in the Corridors from Back Benchers, but from the Front Benchers and the hon. Lady I hear nothing but nonsense.

[Martin Vickers (Cleethorpes) (Con)]

I welcome this policy decision, which is a recognition of reality. Can the Minister confirm that the new plants will be able to convert to low-carbon alternatives in the future?

[Graham Stuart]

I thank my hon. Friend. We will be legislating precisely to create exactly that obligation for carbon capture and/or hydrogen readiness.

Powering Up Britain

Debate between Martin Vickers and Graham Stuart

Thursday 30th March 2023 Commons Chamber

[Graham Stuart]

It was my great pleasure to be hosted by the hon. Gentleman at Strangford lough and to hear all about the potential strengths of the tides. I am delighted to see the growth of tidal energy. For offshore wind, it took quite a while to build up what was a nascent market. People said that we would never be able to lower costs offshore, yet we did. I think that tidal is on that pathway. I hope that the hon. Gentleman will welcome the ringfence, our continued support and our flexibility on budget as and when projects come through. We seek to drive the cost curves down so that, ultimately, we are technology neutral but support and nurse new technologies such as that, which have great potential.

[Martin Vickers (Cleethorpes) (Con)]

There is much to welcome in my right hon. Friend’s statement, particularly in the Humber region, as he will recognise. He referenced a £160 million fund for port infrastructure. Clearly, improvements will be needed to cope with many of these projects. Can he indicate when that is likely to come forward? I presume there will be a bidding process. Will that be open fairly soon?

[Graham Stuart]

I thank my hon. Friend for his question. Let me follow up with him to talk about more of the details, but I welcome, as he does, the success of the Gigastack Phillips 66 project, the initial hydrogen project. We are leading the world and, having met with Phillips 66, I know that that type of refinery of the future has a real opportunity to play an important part in delivering the green transition on a number of fronts. It is fantastic to see it successful in today’s announcements.

Oral Answers to Questions

Debate between Martin Vickers and Graham Stuart

Thursday 15th April 2021 Commons Chamber

[Martin Vickers (Cleethorpes) (Con) [V]]

Since the announcement that Immingham and the Humber ports have been designated as a freeport and that their application scored high in every category, businesses from around my constituency have been contacting me to welcome the announcement. They see it as part of the Government’s global Britain policies. What plans does the Department have to ensure that they can benefit from the freeport and explore new markets?

[Graham Stuart]

Like my hon. Friend, I am celebrating the freeport, which will make a positive difference and from which businesses will be able to export all around the world. Our export academy, the new export strategy and other elements are all there to help them to make the most of it, as well as, of course, probably the most ambitious trade policy ever conducted by a major economy in history, which we are successfully prosecuting. If I may, Mr Speaker, I would also like to thank my hon. Friend for briefing me ahead of my visit to Serbia last week, prosecuting the case for British businesses, in his role as the Prime Minister’s trade envoy to the western Balkans.

Oral Answers to Questions

Debate between Martin Vickers and Graham Stuart

Thursday 5th March 2020 Commons Chamber

[Graham Stuart]

All investments by the prosperity fund are examined against the raft of UK Government policies, objectives and aims, and we do that in all cases in each continent of the world.

[Martin Vickers (Cleethorpes) (Con)]

As the Minister is aware, the Grimsby and Cleethorpes constituencies are major centres for the renewables sector. Many of the smaller businesses are vital parts of the supply chain, and they would like to get more involved in exports. Will the Minister agree to meet me and a delegation from the local industry to explore the possibilities?

[Graham Stuart]

I am grateful to my hon. Friend. He will be aware that the offshore wind sector deal, published in March 2019, sets an ambition of increasing exports fivefold to £2.6 billion by 2030. He and I, in our respective constituencies, have seen the transformation of the economics of offshore wind. We are now seeing UK Export Finance, for instance, financing major investments in Taiwan and other parts of the world, with UK exports and UK expertise, not least from my hon. Friend’s constituency, at the heart of that. I would be delighted to meet him.