Stephen Metcalfe
Main Page: Stephen Metcalfe (Conservative - South Basildon and East Thurrock)(10 years, 11 months ago)
Commons ChamberRead Full debate Read Hansard Text
Michael Fallon
I must tell the hon. Lady that this country has more offshore wind than any other country in the world. We have seen half a dozen large offshore wind farms commissioned and operating, and another four are under construction this year. We are leading the way in the deployment of renewable technologies, and those renewables contributed around 15% of our electricity in the third quarter of last year.
Stephen Metcalfe (South Basildon and East Thurrock) (Con)
10. What assessment he has made of the effectiveness of recent investment in the UK’s energy infrastructure.
The Minister of State, Department of Energy and Climate Change (Michael Fallon)
Since 2011, 8% of our generating capacity has closed under European legislation, and a further 10% to 12% of current generating capacity is due to close over the decade to 2023. We must continue to invest across the energy landscape to ensure that we maintain robust infrastructure. We have agreed terms for a new nuclear power station, the first in a generation, at Hinkley Point C, and we are also ensuring that new and existing gas generation stays on the system by establishing the capacity market under the Energy Act. We will run the first auction for that later this year.
Stephen Metcalfe
Intergen is keen and ready to build a new super-efficient gas-fired power station in my constituency with Siemens as the contractor. The pension fund and Chinese owners, however, will not commit to the £500 million investment required until Intergen has won a contract to supply at the capacity auction in December. Does the Minister agree that that is causing an unnecessary delay and will he agree to meet me and Intergen to see what we can do to bring forward this important investment?
Michael Fallon
I am certainly happy to meet my hon. Friend and any potential investors and to reassure them that we are now seeing a wave of potential investment under the Energy Act. As I said, we plan to run the first capacity auction later this year, in which we expect considerable interest in gas-fired stations.