Biomass Generation

Alistair Strathern Excerpts

Monday 10th February 2025 Commons Chamber

[Alistair Strathern (Hitchin) (Lab)]

The last Government’s deal with Drax was not just shocking value for taxpayers, leaving us all on the hook for subsidising sky-high profits during a cost of living crisis, but bad news for the environment, with real concerns about the sustainability of Drax’s supply chain. As the Government rightly take a measured approach to ensuring that we protect not just bill payers but workers as we seize the benefits of the green transition, what assurances can the Minister give my constituents that this will be a far better deal for our country?

[Michael Shanks]

My hon. Friend is right that this is a good deal, in the short term, to ensure security of supply into the early-2030s, which was key to NESO’s advice on the basis of security of supply. In the process, however, we have sought to halve the subsidy that Drax was given by the previous Government and deliver on the sustainability criteria, taking that from 70% to 100%. This is a good deal for the people of this country.

My hon. Friend also touched on the important work we need to do in the broader energy space to deliver energy security. That is why clean power 2030—our sprint to deliver decarbonised power—is so important, delivering good jobs in supply chains across the country.