Oral Answers to Questions

Tim Farron Excerpts
Tuesday 17th December 2024

(1 day, 8 hours ago)

Commons Chamber
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Tim Farron Portrait Tim Farron (Westmorland and Lonsdale) (LD)
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Does the Minister agree that it is something of a tragedy that the UK, which is surrounded by the highest tidal range on planet Earth after Canada, uses so little of that for tidal and marine energy? She may agree that the reason is that while the lifetime cost of such schemes is as cheap as chips, the up-front costs are expensive. Could the national wealth fund ensure that we can build things—for example, in Morecambe Bay—that will generate secure renewable energy for all our lifetimes?

Sarah Jones Portrait Sarah Jones
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The hon. Gentleman puts his finger on the problem. That is what vehicles such as the national wealth fund and GB Energy are looking to resolve. We are of course open to it, and we will do what we can.