Nuclear Energy: Small Modular Reactors

Lord Broers Excerpts
Monday 24th April 2017

(7 years ago)

Lords Chamber
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Lord Prior of Brampton Portrait Lord Prior of Brampton
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I am not quite clear whether the noble Lord is announcing yet another Labour Party policy: that in future, Polaris submarines will, instead of firing Trident missiles, be plugged into the national grid, but it is something to conjure with. In principle, the way that the grid will be supplied in future will enable those supplying it, whether through SMRs or other ways, to be properly remunerated.

Lord Broers Portrait Lord Broers (CB)
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My Lords—

Baroness Evans of Bowes Park Portrait The Lord Privy Seal (Baroness Evans of Bowes Park) (Con)
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My Lords, we will take the Cross Benches.

Lord Broers Portrait Lord Broers
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My Lords, does the Minister realise that this is a very competitive industrial situation? We cannot go on procrastinating. In engineering matters, there is never 100% certainty. We must step forward and take a risk on this, to my mind.