Energy Policy Debate
Full Debate: Read Full DebateJonathan Edwards
Main Page: Jonathan Edwards (Independent - Carmarthen East and Dinefwr)Department Debates - View all Jonathan Edwards's debates with the Department for Business, Energy and Industrial Strategy
(6 years, 5 months ago)
Commons ChamberOf course we look at energy security, and having a diverse energy supply is important. In so doing we have to look at the contribution that is being made, and it is much more cost-effective to diversify our energy by commissioning sources that, in many cases, are a third cheaper than what is proposed. We can do more of it if we adhere to value for money.
This announcement will be met with widespread anger in the communities that I represent, and it is the second broken promise from the 2015 Tory manifesto on top of the cancellation of electrification. Will the Secretary of State outline how detailed the discussions were with the Welsh Government regarding joint equity in the project? If the Welsh Government determined that they wanted to increase their equity share and go it alone, would the British Government stand in their way?
The commitment given was to enter into discussions to see whether the project could be financed. We have done that rigorously, including with the Welsh Government. I think there have been more than 10 meetings with the Welsh Government this year alone to consider whether this was possible and to make sure we were looking at every possibility. The conclusion we have drawn is that it cannot be justified in terms of value for money. It was right to work with the Welsh Government to look at all the possibilities, but we have to abide by the conclusions of a serious analysis.