Oral Answers to Questions

Christina Rees Excerpts

Thursday 17th September 2015 Commons Chamber

[Margaret Greenwood (Wirral West) (Lab)]

2. What steps her Department is taking to promote investor confidence in low-carbon energy generation.

[Christina Rees (Neath) (Lab)]

18. What steps her Department is taking to promote investor confidence in low-carbon energy generation.

[The Minister of State, Department of Energy and Climate Change (Andrea Leadsom)]

I welcome the shadow Secretary of State to her position, and in particular I welcome Otis, who I gather was born only a few months ago. That is fantastic, and I congratulate the hon. Lady on being here so soon afterwards. I wish her every success in her new role.

The Government remain totally committed to our green energy future and to tackling climate change. The success of our renewables programme has exceeded expectations, which means that we are on track to meet our targets comfortably. A key priority for the Government is to keep consumer bills down and limit the cost to hard-working families, while ensuring that the UK remains an attractive location for all forms of low-carbon energy.

[Andrea Leadsom]

That is an incredibly important question. More than £42 billion has been invested in renewables, nuclear and CCS since 2010, and 2014 was a record year with more than £8 billion being invested. The Government remain committed to our long-term, low-carbon future in all areas of low-carbon generation. As the hon. Lady will appreciate, we must also consider our other priorities, such as keeping bills down for consumers. The policy reset that we are undertaking is about ensuring that through our success in generating renewables, we do not impact in a devastating way on the bills of hard-working families in this country.

[Christina Rees]

Will the Minister outline when the contract for difference negotiations on the Swansea bay tidal lagoon project are likely to be concluded? My constituents in Neath are eagerly awaiting the job opportunities and apprenticeships that will follow.

[Andrea Leadsom]

The hon. Lady will be aware that the Government are incredibly keen on those new technologies, and we are looking closely at that tidal lagoon and doing our due diligence. The Government would like to support that project, but it must of course offer value for money. It has gone through the first stage of the process and it will take some time, but I assure the hon. Lady that that project, and other firsts for the UK, are on this Government’s agenda.