Tuesday 15th November 2022

(2 years, 1 month ago)

Lords Chamber
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Lord True Portrait Lord True (Con)
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My Lords, I note what the noble Lord says. Again, the Government have made it clear that they see nuclear as being a significant part of the equation. There will be further announcements in relation to that but I take note of what the noble Lord says.

Lord Wigley Portrait Lord Wigley (PC)
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My Lords, I come back to the point made by the noble Baroness, Lady Smith, and the noble Lord, Lord Newby, about renewables: the need to have some form of battery holding the energy generated, which is also relevant to nuclear. If we do not have that capacity and the generation by wind or tide—or, indeed, nuclear—is during the night, when demand is low, we are not getting an efficient system. What attention are the Government giving to extending the pumped-storage schemes—we have one in Dinorwig in north-west Wales but, equally, others could be brought on stream—to ensure that cheap, clean energy is available when it is needed, generated originally by renewable sources?

Lord True Portrait Lord True (Con)
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Again, my Lords, the Government say—it is not always popular—that we are in the period of transition and we need to be flexible and adaptable. I am not commenting on any specific schemes or proposals. Obviously, our intention is to do the very best we can to secure resilience and a greater degree of independence at home. The noble Lord is absolutely right to say that with that comes jobs. I believe that there are already some 430,000 jobs in low-carbon businesses and their supply chains across the country, which is not widely enough recognised outside your Lordships’ House. Since November 2020, nearly 68,000 green jobs across the UK economy have materialised or been supported or secured for the future by government policy. However, there is a balance, and as I said in response to an earlier question, we are reflecting on the broad spectrum of energy need at this time, particularly given the tragic situation with the Russian aggression in Ukraine.