National Grid: Capacity

Baroness Bowles of Berkhamsted Excerpts

Monday 11th January 2021 Lords Chamber

[Baroness Bloomfield of Hinton Waldrist (Con)]

The noble Lord, Lord West of Spithead, is always a great proponent of large nuclear, and I agree that we are likely to need significant, large nuclear capacity in order to meet our carbon reduction commitments at the least cost. We will continue to engage with all viable companies and investors on their proposals for future projects, including all of the Sizewell C and other projects. The UK welcomes foreign investment in our infrastructure. However, all investment involving critical infrastructure, which includes nuclear, is subject to thorough scrutiny and needs to satisfy our robust legal, regulatory and, indeed, national security requirements.

[Baroness Bowles of Berkhamsted (LD) [V]]

Can I ask the Minister a little more about the timings for when small modular reactors, advanced modular reactors and fusion may come on stream? Is there a sufficient commercial time window for generation III before it gets overtaken by the advanced modular reactors if it is not actually up and running until 2030, which is later than some projections for other countries?

[Baroness Bloomfield of Hinton Waldrist (Con)]

There is only one SMR that is scheduled for production before 2028, which is in Canada, and that may well slip anyway. As set out in the energy White Paper, our aims are operational SMRs by the early 2030s, a demonstrator AMR also by the early 2030s, and a commercially viable fusion plant by 2040. We see these advanced nuclear technologies as complementary, given strong synergies between their supply chains and the multiple roles they could perform in the energy system.