(12 years, 1 month ago)
Commons Chamber10. What recent assessment he has made of levels of investment in clean energy infrastructure.
The electricity market reform White Paper, published in July 2011—I have a copy here for those who have not brought theirs with them—stated that up to £110 billion in investment in the power sector is likely to be required by 2020, of which approximately £60 billion relates to investment in clean energy capacity.
I thank the Minister for that reply and apologise for pre-empting it. When he addressed 400 industry delegates at the renewable energy UK conference the other day, he spoke of the need for clarity and certainty in renewable energy policy to provide the right framework for investment. He then told the media that enough is enough when it comes to wind power. Which of those mixed messages represents the Government’s policy and what will he do to retrieve the situation, which has caused such uncertainty in the industry?
The commitment to renewable technology is an essential part of delivering the energy mix that I mentioned earlier. It is absolutely right that we should have renewables as part of that mix. That builds sustainability and resilience and helps us to meet our emissions targets. It is also good for consumers, because that mix guarantees our energy security.