Tuesday 29th November 2022

(1 year, 7 months ago)

Commons Chamber
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Grant Shapps Portrait Grant Shapps
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The hon. Gentleman is right that a single nuclear power station can power 6 million homes, whereas a modular reactor can power perhaps 1.5 million homes. As a result of interconnectors, that power—when it is generated in Great Britain—helps Northern Ireland and all the devolved Administrations around the country. He is on the right track; that is the kind of energy independence that I mentioned in my statement.

David Duguid Portrait David Duguid (Banff and Buchan) (Con)
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The Secretary of State will be aware of analysis from the Climate Change Committee that states that we will not get to net zero in this country without carbon capture and storage. I therefore welcome his commitment to helping to liberate private investment in carbon capture and storage and other technologies. The Scottish cluster alone is poised to have billions of dollars-worth of investment. While he is pondering the acceleration of that project, will he consider joining me on a visit to the St Fergus gas terminal in my constituency? It has not only carbon capture and storage, but blue hydrogen, sustainable aviation fuel and net zero thermal power generation, and grid capacity and resilience improvements are being made in and around it.

Grant Shapps Portrait Grant Shapps
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My hon. Friend is right about the importance of private investment in carbon capture, utilisation and storage. The Energy Bill will look to unlock that private investment.