Gas-fired Power Stations Debate
Full Debate: Read Full DebateJames Wild
Main Page: James Wild (Conservative - North West Norfolk)Department Debates - View all James Wild's debates with the Department for Energy Security & Net Zero
(9 months, 3 weeks ago)
Commons ChamberThe hon. Gentleman, who is supposed to lead on this subject for his party, should have listened to what I said earlier. In 2022, 38% of generation came from gas. By the mid-2030s, it will be 1% or 2%. Why are we having it? To balance the renewables we are growing, particularly in Scotland, and support Scottish jobs. Of course if we put generation in Scotland when the demand is in the south, we have to provide connecting infrastructure. Previous generations had to wire up the UK to become the rich and prosperous country we are today. We need to do it again now. We are working with local communities, listening to their voices and making sure they are not misled by people who come up with such nonsense as the hon. Gentleman just did.
I commend my right hon. Friend for his refreshingly clear articulation of our strong record in this area, both in the House today and in the media yesterday. Obviously, security of supply must come first. How will the plans incentivise investment in back-up gas-fired power stations, while minimising costs to consumers, which is also very important?
I thank my hon. Friend. He and my right hon. Friend the Member for North East Somerset (Sir Jacob Rees-Mogg) are absolutely right to focus on the economics. We have to get the economics right. We have used an auction-type mechanism in the capacity market to ensure flexible capacity. We are incentivising more and more of that to be low carbon, with batteries coming in at scale, as well as pumps and potentially hydrostorage. We also need hydrogen and carbon capture. We are ensuring a balanced system with discipline built into it to drive costs down. When CBAMs and so on come on stream, I firmly expect that in the 2030s we will have lower-cost energy than our neighbours and we will, as my right hon. Friend the Member for North East Somerset referred to, be more economically competitive.