Oral Answers to Questions Debate
Full Debate: Read Full DebateAlan Brown
Main Page: Alan Brown (Scottish National Party - Kilmarnock and Loudoun)Department Debates - View all Alan Brown's debates with the Department for Business, Energy and Industrial Strategy
(1 year, 9 months ago)
Commons ChamberMy hon. Friend has put his powerful point on record. I can assure him that the Department is actively working with the Treasury to make sure that those sorts of schemes are accelerated.
Is it still in the Department’s plans to take a 20% shareholding in Sizewell C? If so, will that result in a capital spend of £6 billion or £7 billion—money that could be better spent elsewhere? Private investment could be freed up in the Scottish cluster if it was made a track 1 cluster and pumped storage hydro could be helped by agreeing a pricing mechanism for electricity.
Unlike the Scottish nationalists, we are committed to the private-public partnership that drives investment in our nuclear industry, and Sizewell C is a major commitment. The Government are proud to be partnering with industry, and it is a shame that the Scottish nationalists are not similarly partnering with industry for the benefit of Scots voters and bill payers.