Monday 25th June 2018

(6 years, 5 months ago)

Commons Chamber
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Greg Clark Portrait Greg Clark
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This proposal is not commercially viable and the prospects are that it will not become commercially viable. If technologies are proposed through the test beds and our innovation programme, no one would be more pleased than I to deploy them as part of our energy mix, but we have to take into account the impact on bill payers and taxpayers.

Chris Davies Portrait Chris Davies (Brecon and Radnorshire) (Con)
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I thank my right hon. Friend for his statement. I confirm that there is also great disappointment from Conservative Members that this scheme is not going ahead, but with disappointment there is also realism. The figures that he quoted make it clear that if the scheme went ahead, the burden on our children and grandchildren would be enormous. He has already confirmed that he is still looking into tidal energy. Will he also confirm that if and when it is suitable to proceed with tidal energy, Swansea and the south Wales coast will be looked at first and foremost for future investment?

Greg Clark Portrait Greg Clark
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Of course. The test is that the deployment of a technology can be done at good value for the taxpayer. That is the challenge for any new technology, and if it can be demonstrated that it meets that challenge I will be very pleased to welcome it.