Energy: Tidal Generation

Lord Renton of Mount Harry Excerpts

Tuesday 22nd November 2011 Lords Chamber

Asked By

[Lord Renton of Mount Harry]

To ask Her Majesty’s Government what action they are taking to exploit further the United Kingdom’s natural resources of tidal power.

[Baroness Stowell of Beeston]

My Lords, it is important that we exploit our tidal resources to provide energy security, carbon reduction and economic growth. However, it must be done in a manner that constitutes value for money. The Government do not see a strategic economic case for public investment in a tidal barrage in the Severn at the present time, given its very large costs. Instead, our focus is on developing tidal stream and wave technologies. The UK is already a global leader in this emerging sector.

[Lord Renton of Mount Harry]

I hope I am allowed to say that I found that a very helpful Answer. Will my noble friend suggest to the Department of Energy that it should create something like a United Kingdom tidal energy enterprise that will manage the growth of tidal power? We have been slow to start and there are now a great many players in the field. Does she agree that it is essential to see that all the eventual profit goes not into the pockets of the large electricity companies but into ensuring that there is cheap, available electricity that will save costs for thousands of homes?

[Baroness Stowell of Beeston]

My Lords, my noble friend is absolutely right about the importance of our tides and the opportunity that they provide in supplying renewable energy. I will of course take back his specific proposal to the department. Perhaps it is worth adding to my previous Answer. The department has not ruled out completely the possibility of a Severn barrage and will consider privately funded projects on their merits. Indeed, the department is currently reviewing a business case from a private consortium.