Alberto Costa
Main Page: Alberto Costa (Conservative - South Leicestershire)Department Debates - View all Alberto Costa's debates with the HM Treasury
(2 years, 2 months ago)
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Kwasi Kwarteng
It is not about dogma and deregulation. In fact, I campaigned for the eco and energy efficiency measures when I was Business Secretary and ensured that there was reference in the growth plan to the eco plan. We may well expand that at a future date.
Alberto Costa (South Leicestershire) (Con)
Nuclear power must form part of a diversified energy portfolio. I welcome the measures the Chancellor has announced today, particularly accelerating energy infrastructure. Will he say a few words on whether his welcome package includes accelerating modular nuclear reactors, which are the future of the nuclear industry?
Kwasi Kwarteng
I was very focused on small modular reactor production when I was BEIS Secretary, as my hon. Friend knows, and I want to bring the thinking about that into the heart of the Treasury. There are still negotiations to be had, but he is absolutely right that SMRs and nuclear are part of our energy mix in the future.