Monday 25th June 2018

(6 years, 5 months ago)

Commons Chamber
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Greg Clark Portrait Greg Clark
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The hon. Gentleman would accept that the commitment that I have given to pursue alternative energy sources, including projects in his constituency, has been clearly demonstrated. Of course we are open to innovation—we fund innovation. The assessment by independent experts is that the prospective cost reduction for this technology is not the same as that enjoyed by offshore wind. When it comes to future proposals, of course I will consider them rigorously, and if they can demonstrate value for money they can be contenders.

Glyn Davies Portrait Glyn Davies (Montgomeryshire) (Con)
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Like many others on both sides of the House, I am disappointed that the Swansea tidal lagoon and associated lagoons are not economically viable. The Government have a responsibility to protect the interests of consumers who pay electricity bills. What we all want to hear from the Secretary of State is that he is committed to looking at other schemes that might offer the potential to use tidal energy around our coasts and the power of the production of our marine environment in which our islands live.

Greg Clark Portrait Greg Clark
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I will. I welcome my hon. Friend’s remarks. We have a substantial programme of investment in innovation. Indeed, when it comes to the costs, to pay £30 billion more than is required to generate the same amount of electricity crowds out the ability to fund genuine projects that can reduce the price of energy.