David Rutley
Main Page: David Rutley (Conservative - Macclesfield)(11 years, 1 month ago)
Commons ChamberI assure the hon. Gentleman that I am certainly not complacent, but I am aware of major investments that we believe will go forward, and that will reassure the industry and the supply chain. We already have the world’s largest deployment of offshore wind, and we are already recognised by Ernst and Young as the top place in the world in which to invest in offshore wind. With the Energy Bill going through the House with cross-party support, that gives a real signal to investors in offshore wind.
10. What recent assessment he has made of the UK’s energy security.
We published the annual “Statutory Security of Supply” report last month. National Grid is preparing stronger balancing measures for the short term. We plan to run a capacity market auction next year for the medium term. Beyond that, we are incentivising new infrastructure, including new nuclear, through the Energy Bill.
I congratulate my right hon. Friend on agreeing terms for the first new nuclear power station since 1995, which is in marked contrast to the previous Government’s failure to replace ageing power stations. Will he tell the House what other steps the Government are taking to find additional sites further to secure and improve UK energy security?
It is very telling that in the year that Hinkley Point will come on stream—2023—eight of the nine existing plants will be off the system, unless their lives are extended, which shows the legacy of under-investment that we have to face. There are now proposals for 12 reactors in total, spread over five different sites.