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, 9 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.