Oral Answers to Questions

Stephen Mosley Excerpts

Thursday 6th June 2013 Commons Chamber

[Mr Davey]

I worry about all the Kingstons in the United Kingdom and as Secretary of State for Energy and Climate Change, I represent all of them. I am working extremely hard to make sure we get investment in the energy sector in this country and we are working with Siemens. The hon. Lady may be interested to know that, in fact, Siemens did not sign the most recent letter from a number of companies about this issue. In our discussions with Siemens, the issues that have come up are contracts for difference, strike prices, ports and infrastructure, and we are working with the company. The hon. Lady ought to get behind us and support us.

[Stephen Mosley (City of Chester) (Con)]

One of the key ways the Government can decarbonise power generation is by increasing investment in the nuclear sector. URENCO has a base in Capenhurst in my constituency. In April, the Government announced that they were to sell their one third share in the company, and in May the Dutch Government announced that they would sell their one third share. Will my right hon. Friend update the House on the progress of the sale?

[Mr Davey]

We will give a full update in due course, but URENCO is owned by three countries—Germany, the Netherlands and the UK—and we are working closely with our partners to take the sale forward.