(1 month, 2 weeks ago)
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Somebody whose opinion I respect greatly told me that undergrounding cables was no more expensive. I was very surprised at that, because I had understood from the transmission line companies in Scotland that it was a great deal more expensive to underground them. I will definitely look into that, because I know that it is a requirement to underground them in Norway. We should explore that issue further.
So we have boom time in renewables, generating trillions of pounds over many decades, and we have a rural population that really needs financial help and investment.
In the last decade, my constituency has seen a wide range of solar schemes with different community benefits, ranging from £20,000 a year for the 25 years of the project’s expected life, which is handed over automatically to parish councils, to just a £30,000 pot, which people have to bid into. Does my hon. Friend agree that there should be equity of treatment, and that there are benefits to having an ongoing relationship, beyond the monetary value it brings?
I think my hon. Friend will be thrilled with the next part of my speech, which will answer that question. We have a huge financial need, and we have the renewables revenue, which we will talk about in a second. Money and need—bingo, we have a match. Is that not exactly what we are here in Parliament to facilitate?
I am pleased to hear that the Great British Energy Bill is largely here, as it holds the prosperity of much of rural Britain in its hands. It can insist that communities have a stake in local renewables projects and that we legislate to require all renewables projects to pay a significant sum to impacted areas. Amazingly, it made no mention of community ownership of renewables projects or of community benefits.