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Lord Hunt of Kings Heath (Lab)

Speaking in the House of Lords on 11 February 2025

Debate

Great British Energy Bill

Contribution

My Lords, in answer to the noble Lord, Lord Howell, who speaks with such authority on energy matters, I have to say that is my view that we are on the right track. I do not see any inconsistency in government policies and actions and I thank noble Lords for their support for my Amendment 21. Turning to Amendment 26, tabled by the noble Lord, Lord Offord, let me make this clear: the founding statement outlined that supply chains would be a key focus in the work of Great British Energy. It says: “The sustainability of UK supply chains plays a key role in achieving greater energy security. Great British Energy will help to drive forward greater investment in clean, home-grown energy production and build supply chains in every corner of the UK. Great British Energy will work with industry to accelerate the deployment of key energy projects and support the transition to an affordable, decarbonised power system by 2030 built using domestic manufacturing and supply chains”. That is an important statement of principle. I can also reiterate that GBE will help drive the growth of supply chains in the industry by working with my department, the Crown Estate, the National Wealth Fund and other parts of the public sector to deliver a comprehensive package of support for domestic clean energy supply chains in everything from offshore wind to carbon capture and storage. I turn to the amendment tabled by the noble Viscount, Lord Trenchard, and spoken to so eloquently by my noble friend. On the point about NESO, it was asked to report to the department on what we needed to do to get to clean power by 2030, so it is no accident that its focus would be on renewable energy. But in fact it did not ignore nuclear. In the Clean Power Action Plan which followed from the NESO report, there is an extensive section on nuclear power. On page 80 it says: “Nuclear will play a key role in achieving Clean Power 2030 … and our long-term net zero objectives”. Since then, we have published the new policy statement for consultation, which, as we debated earlier, essentially brings in a more flexible siting policy for the future. The Secretary of State has indicated the importance of nuclear energy in providing an essential baseload. I say to the noble Lord, Lord Howell, that I do not see any conflict. We think it is very important to get Sizewell C over the line, and obviously we are now into SR discussions about the final investment decisions, and we see great potential in relation to small modular reactors. Of course, we are very interested in the developments we have seen in the US of the links between the big tech companies and the developers of advanced nuclear technology. Clearly, I am working with colleagues across government to make sure that the UK can take the potential of this as well. So, I want to assure the House that we see nuclear energy as having a very important role to play in the future.

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