Jim Shannon
Main Page: Jim Shannon (Democratic Unionist Party - Strangford)(1 year, 6 months ago)
Commons ChamberLet me begin by thanking you, Madam Deputy Speaker, for granting this Adjournment debate.
I think it right that in any debate concerning green energy, we should begin by mapping out exactly what is at stake for all of us. As we know, this is not just about the economy; this is existential. As has been said before,
“We are the first generation to feel the effect of climate change and the last generation who can do something about it.”
The clock is ticking for humanity, and every year that clock is ticking faster and faster. Unless we act immediately—unless we change our energy supply and demand right now—this planet of ours will soon choke us to death. It falls on all of us to ensure that that is not allowed to happen.
By now we should all know the very real threat of climate change, but we also need to know about the opportunity that can come if we make the transition away from fossil fuels and that is what I intend to talk about this evening. Meeting the challenge of climate change is in our self-interest, if we are even to survive, but it is equally in our self-interest to reap the rewards of the economic opportunities that new, green technologies offer us in Scotland and across these islands. We in Scotland know those opportunities more than most, because the industries of the future are already putting down strong and sustainable roots.
The last Adjournment debate that I secured concerned the potential of tidal energy, and I am therefore delighted that, just today, Nova Innovation of Edinburgh has doubled the size of its Shetland tidal array. The installation of the fifth and sixth turbines means that it is now the array with the largest number of turbines anywhere in the world. That level of innovation and industry shows what can be achieved, and that scale of opportunity is probably most evident in our offshore wind sector. ScotWind will deliver a new era in Scotland’s offshore wind industry. It also represents the world’s largest commercial round for floating offshore wind. Fundamentally, it breaks new ground in putting large-scale floating wind technology on the map at gigawatt scale.
Once operational, this will provide several billion pounds more in rental revenues, and every single penny can then be invested for the benefit of the people of Scotland. There will be a green energy windfall for Scotland from the natural bounty that is our green energy potential. In the middle of a cost of living crisis, that vision and that outcome simply cannot come quickly enough. At the heart of the agenda is a very simple truth: this is Scotland’s energy, and it needs finally to be used for the benefit of Scotland’s people.
As well as the production, use and ownership of this green energy, there is another crucial element that must not be lost, and that is securing the full economic and industrial benefit from it. I am glad to say that each ScotWind application was required to include a supply chain development statement setting out its supply chain goals and committing developers to meet them during the various stages of their projects. Through those statements, developers have now pledged an investment of £28 billion in the Scottish supply chain. This is the crucial point: in every single area of green growth, this has to be the model that we all pursue. It is not nearly enough just to produce the energy; it is every bit as important to stimulate and grow the industrial base and the jobs that flow from that energy resource.
I commend the right hon. Gentleman for raising this issue. I spoke to him before the debate.
As the right hon. Gentleman will know very well, the Irish sea divides Scotland from Northern Ireland, but it also unites Scotland and Northern Ireland in respect of the tidal and wave energy that we can use. Does he agree that my own Strangford Lough, in particular, offers a possible solution to our energy problems, and that this warrants investment and investigation that might be best served by a dedicated climate office headed by someone in the Minister’s Department? Scotland and Northern Ireland can do it better through the Minister and his Department.
I entirely agree with the hon. Gentleman. There is enormous potential in tidal energy, and I will say more about that later in my speech when I issue specific requests to the Minister.
The only way in which we can generate the appropriate return in gross value added for the whole Scottish economy and ensure that we feel the benefits in the short, medium and long terms is by controlling the supply chain, in offshore wind and tidal energy as in so many other areas.
Offshore wind may have the most momentum, but it is only one of the many opportunities that have the potential to grow. I am delighted that, only in the last number of weeks, my friend and colleague in the Scottish Government, our net zero Cabinet Minister Michael Matheson, has published our draft energy strategy and just transition plan. That plan contains the ambition to grow the full range of green energy opportunities, including pump storage, tidal, solar and of course green hydrogen. The ambition is to create an additional 20 GW of capacity by 2030—enough to power around 6 million homes, which is far more than the number of households in Scotland. This increased capacity would account for the equivalent of nearly 50% of all current energy demand of households and businesses.