Electricity Supply: International Interconnectors Debate
Full Debate: Read Full DebateLord Tugendhat
Main Page: Lord Tugendhat (Conservative - Life peer)Department Debates - View all Lord Tugendhat's debates with the Department for Business, Energy and Industrial Strategy
(7 years, 10 months ago)
Lords ChamberMy Lords, the current percentage of our market supplied by interconnectors is, as the noble Lord says, around 4%. It is due to grow considerably between now and 2021. An additional 7.7 gigawatts of capacity are due to come on stream. As said, under Budget 2016 it may increase to 9 million gigawatts, but that will be post-2021.
My Lords, does my noble friend agree that security of supply should be a pre-eminent objective of energy policy; that self-sufficiency has an important role to play; and, in that context, that we will continue to rely on fossil fuels for a very long time to come?
I agree with my noble friend that security of supply is of paramount importance and that we will continue to rely on gas and, to a declining extent, coal in future. Of course, nuclear will form an increasingly important part of our baseload.