Electricity Market Reform Debate

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Paul Flynn

Main Page: Paul Flynn (Labour - Newport West)

Electricity Market Reform

Paul Flynn Excerpts
Tuesday 12th July 2011

(13 years, 4 months ago)

Commons Chamber
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Chris Huhne Portrait Chris Huhne
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I accept the position that my hon. Friend has taken on the particular proposals that affect his area. All I would say is that by comparison with other renewable technologies, onshore wind is a tested, effective and affordable technology. It is the lowest-cost renewable technology available in these islands, and it produces electricity at a similar cost to first-of-a-kind nuclear power stations. However, I return to what I said earlier to my hon. Friend the Member for Bournemouth West (Conor Burns) about energy sources. It so happens that every energy source has its detractors. As I view wind turbines as beautiful, I hope that we will not find opposition all over the country to what is a cheap and effective source of energy for our consumers.

Paul Flynn Portrait Paul Flynn (Newport West) (Lab)
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Post Fukushima, many of our competitor countries in Europe are planning nuclear-free futures, mainly because of the increased cost that Fukushima has created, by making nuclear reactors uninsurable, with a possible bill of hundreds of billions of pounds afterwards. Is it not irresponsible to go ahead with the plans in Britain without any reassessment of cost? Weightman is not allowed to consider that. Can the Minister really say that he is going ahead without subsidy? He seemed to be saying today, “We’re going to have subsidies for old nuclear and new nuclear, but call them something else.”

Chris Huhne Portrait Chris Huhne
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No, the hon. Gentleman is wrong on that. We are setting out a framework to discourage high-carbon activities and encourage low-carbon activities. We do not make any technological judgment about how those particular things proceed. The hon. Gentleman is right that Germany, Italy and Japan have all announced either moratoriums or pauses for new nuclear construction. However, it would be wrong to jump to the conclusion that costs will necessarily increase in those circumstances, because obviously if there is less demand for some of the components in nuclear power stations, the normal economics would tell us that their price might fall, so the process might become cheaper. However, I can assure him that we will bear safety in mind first and foremost. That is what I asked Mike Weightman to address, and that is what he has answered in the interim report and will answer in the final report.