Energy White Paper

Viscount Trenchard Excerpts

Monday 28th September 2020 Lords Chamber

[Lord Callanan (Con)]

I understand the concern in north Wales about this issue but Hitachi made it clear that withdrawing from the Wylfa project is a commercial decision that it has taken for its own domestic and business reasons. We understand that it is disappointing. We remain willing to discuss any new nuclear projects with any viable companies and investors wishing to develop sites in the UK, including that at Wylfa.

[Viscount Trenchard (Con) [V]]

My Lords, following on from the question asked by the noble Lord, Lord Wigley, repeated delays in the publication of the energy White Paper and the failure to publish a response to the consultation on a regulated asset base model for nuclear that closed nearly a year ago have contributed to the doubt and uncertainty surrounding the Government’s future commitment to new nuclear projects, such as that at Wylfa. Does the Minister agree that it is now crucial that the Government send an urgent message to the Japanese Government saying that they are committed to working with them to develop a framework under which the project that was supposed to provide 7% of our electricity by the mid-2020s can be revived as a UK-Japan joint project?

[Lord Callanan (Con)]

As I just said, the decision taken by Hitachi was a commercial one. We totally agree that nuclear power will play a key role in the UK’s future energy mix as we transition to a low-carbon economy, and we already support investments in small and advanced modular reactors.