Nuclear Energy (Financing) Bill

Siobhan Baillie Excerpts
2nd reading
Wednesday 3rd November 2021

(3 years, 1 month ago)

Commons Chamber
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Chris Green Portrait Chris Green (Bolton West) (Con)
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It is a pleasure to follow the hon. Member for Richmond Park (Sarah Olney). It was interesting to hear the contrast between the position of the Liberal Democrats a few years ago and their position now, but we have to respect those views, which do change with time.

Part of the context of this debate is the concern over energy security, which is so important. Obviously, there have been spikes in gas demand and gas prices, but we need only look at the situation in Texas and California a little while ago to see how energy supplies can be affected, which is why we in the United Kingdom need to ensure that we have energy security. As with other European countries, we ought not to be as dependent on energy supplies from countries that are not as friendly as they might be to our national interests. We need only look at random events across the globe, such as the one that happened in the Suez canal, to see how supply chains can be so dramatically affected. We therefore need that secure energy supply, and nuclear is a key part of that for the United Kingdom.

We also need firm energy, or that baseload energy. We hear a great deal of discussion about solar panels and wind turbines, whether at sea or on land, but those provide intermittent energy. We cannot rely on that energy, although it does have an important contribution to make; that is why nuclear energy ought to form a key part of our reliable energy production.

There is a great deal of interest in this area in the north-west of England. Many of our skills are centred there, whether it be Sellafield, Warrington or Heysham, and that huge wealth of talent needs to be maintained. We also have the important Springfields site near Preston, which produces our nuclear fuels. We need to ensure that the site is secured. I ask my hon. Friend the Minister to ensure that, when future contracts are given for nuclear power stations, the future viability of the Springfields site in the short, medium and long term is secured within the context of those contracts. Springfields does a huge amount of good for the local economy. It is also a wonderful source of apprenticeships. These are often very high-skilled and very well-paid jobs that we ought to be promoting and certainly protecting.

Hinkley Point C is at an advanced stage of construction. We need to look at the skills being developed at that site, and ensure that they are retained within the nuclear sector, so we need to be looking at when Sizewell C will be funded and brought online.

Siobhan Baillie Portrait Siobhan Baillie (Stroud) (Con)
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That is exactly the point that Vulcain Engineering in Stroud has been explaining to me. We have a fusion bid in at the moment, which is an amazing opportunity, but the company is very clear that if we do not have another nuclear project in play we will lose so many of those jobs and skills—not only from the south-west, but from the whole UK. They will go abroad and will not come back.

Chris Green Portrait Chris Green
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I agree entirely with my hon. Friend. We need to secure those jobs and we need, as early as possible, to give that reassurance to engineers and others and say to them, “Your future is in the nuclear industry.” In that way, people can be focused on sticking with the industry and looking for that next job. It is about building that fleet of nuclear power stations. Whether it is Sizewell or further power stations down the line—there are already eight sites that have been identified for future nuclear—we need to give workers the reassurance that their skills are needed within the sector.