North Sea Energy
Debate between Seamus Logan and Sarah Jones(3 weeks, 5 days ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Sarah Jones
I thank my hon. Friend for his question; it has been a pleasure to work with him and to see the way he has championed his community during the conversations we have had about Navantia and Harland & Wolff. The industrial strategy is there for a reason. The previous Government were ideologically opposed to one, for reasons that nobody quite understands. We are setting up a British energy company, which the Conservatives oppose for reasons we do not quite understand. Whether it is Grangemouth, Harland & Wolff, the FLOWMIS money for the port of Cromarty firth, our auction rounds for offshore wind, or hydrogen, we are putting in place the support to make sure that we build an industry we can all be proud of.
Seamus Logan (Aberdeenshire North and Moray East) (SNP)
Energy bills are up �300 on Labour�s watch, while our industry cries out for certainty from this Labour Government, who have offered little more than confusion, hostility and prevarication. The Minister talks about clarity and certainty, but what she has given us is another consultation. However, she does not need another consultation to give us certainty on the Acorn carbon capture project at St Fergus, which is a no-brainer if she is serious about economic growth. Will the Minister confirm today that Scotland will finally receive this long overdue investment for the Acorn project in the spring statement later this month?
Sarah Jones
If only I was able to confirm what will be in the spring statement, but clearly I cannot do that. We are hugely supportive of the Acorn project, which is an exciting opportunity. We will be investing �21.7 billion in carbon capture, after years of failure and prevarication by the previous Government. That is obviously subject to the spending review, and I cannot give the hon. Member the answer he is after, but I think this is a really exciting opportunity for Scotland. I have met representatives of many of the businesses involved and talked to them about what the potential could be.
Oral Answers to Questions
Debate between Seamus Logan and Sarah Jones(4 months, 2 weeks ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Dame Meg Hillier (Hackney South and Shoreditch) (Lab/Co-op)
The Minister of State, Department for Energy Security and Net Zero (Sarah Jones)
On 4 October, the Government announced £21.7 billion over the next 25 years to launch the UK’s carbon capture, utilisation and storage industry. We will provide further details on the next steps for CCUS, including track 2 projects such as Acorn, in the coming months.
Seamus Logan
I thank the Minister for her encouraging answer. Acorn, including the St Fergus site in Aberdeenshire, not only has a significant role to play in achieving net zero in Scotland, but has the capacity to accept carbon from mainland Europe. This project could help the UK and Europe to achieve their net zero goals, and is significant not only for the port of Peterhead in my constituency, as the Minister knows, but for the local power station, which shares the same integrated ambitions. Acorn presents very significant opportunities, representing hundreds of millions of pounds in new investment, new jobs and economic growth for the north-east, for Scotland and for the UK. Can the Minister accelerate the decision making on the Acorn project, and will she commit to funding in 2025?
Sarah Jones
We are committed to track 2, and I recognise the huge advantages of Acorn that the hon. Gentleman has highlighted. Our record £21.7 billion investment demonstrates our long-term commitment and gives industry the certainty it needs. The ups and downs of CCUS under the previous Government did not provide the certainty that people required, and certainty is what we are looking to deliver. We understand that people want clarity, and we will be making further announcements in the coming months.