Tidal Energy Generation: Ringfenced Funding Debate
Full Debate: Read Full DebateRonnie Cowan
Main Page: Ronnie Cowan (Scottish National Party - Inverclyde)Department Debates - View all Ronnie Cowan's debates with the Department for Business, Energy and Industrial Strategy
(2 years, 9 months ago)
Commons ChamberThat 15% is equivalent to the contribution that nuclear makes. When we put into context the relative level of funding we are asking for, the scale of the opportunity is huge. We are talking about an industry in which Scotland and the UK lead the world in terms of technology. The ability to create green baseload electricity is there 24/7, 365 days a year, along with the capacity to use that technology and that ingenuity to export to Canada, Thailand, France, Japan and so on. There is a massive opportunity for us to benefit from that first-mover advantage, to get behind an industry where we can make sure that we control the entire supply chain and have the potential to navigate away from fossil fuels and create the jobs referred to by my hon. Friend the Member for Kilmarnock and Loudoun (Alan Brown).
My right hon. Friend has talked of an opportunity. We have known about tidal energy for a long time. We should have invested in it 20, 30 or 40 years ago; if we had done so, we would have a much more mature industry today. If this Government do not invest now, we will look to the future and see nothing more than negligence.
We are where we are at the moment. My point to the Government is this. We know that the technology is there. We know that relative costs are already coming down dramatically; we can see that from the MeyGen project in the Pentland Firth, for example. Here is the opportunity to get behind something that could be revolutionary, in terms of providing clean energy—baseload energy, as I mentioned—but also the ability to create a manufacturing industry. We can perhaps learn from the mistakes that were made with wind turbines, and ensure that we are not relying on other countries to provide the infrastructure that we need, because we can do this ourselves. There is a responsibility that we have here, now, today, to get behind this industry.