Port Talbot Transition Project

Jim Shannon Excerpts

Wednesday 11th September 2024 Commons Chamber

[Jonathan Reynolds]

I say again that had the election not been called, a statement such as this would not have been not possible. It would have passed us by; that was the situation that we faced. My hon. Friend rightly talks with pride about her constituents at Llanwern, which is an incredibly important and successful part of the industrial supply chain in the United Kingdom. I will ensure, as part of the transition, that the downstream functions, which are so valuable and praised, and which carry such respect in the industry, are protected, and that the transition plan does not disrupt the business model, which is, again, proof of the sector’s success and of future opportunities.

[Jim Shannon (Strangford) (DUP)]

I thank the Secretary of State very much for his statement, and I welcome his endeavours, which I think we all recognise, to create firm foundations for the sector as it moves forward. I also recognise his commitment to Harland & Wolff, to which he referred. That is indeed great news, not just for workers but for the construction sector in Northern Ireland. However, the steel industry faces the problem of affordable energy, which he mentioned in his introduction. Will he safeguard the long-term sustainability of that and other industries by immediately addressing the energy price crisis and implementing the necessary long-term green energy fixes?

[Jonathan Reynolds]

I am extremely grateful to the hon. Member for his support for what we have announced. Having a competitive environment is an absolutely key issue. I am already having extensive conversations with the Chancellor and key Cabinet colleagues, including the Secretary of State for Energy Security and Net Zero, about the way to do that not just in the short term but in the longer term, when we will clearly have a significant renewable energy base. There are a lot of exciting options available, including in how we use some of that capacity in areas of low consumer demand. I can tell him that that is a key priority for getting this right in future.