Electricity: Decarbonisation
Debate between Lord Moylan and Lord Callanan(1 year, 4 months ago)
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Lord Callanan (Con)
I remind the noble Baroness that we have the smart export guarantee scheme to encourage precisely that. The good news is that we have already 14 gigawatts of solar installed capacity in the UK and a fourth CfD allocation round for another 2 gigawatts of ground-mounted solar awarded contracts. The Chancellor recently removed VAT on solar panels, and on solar panel and storage packages. We are doing a lot in this area. Solar is a cheap and versatile source of power, which we should encourage.
Lord Moylan (Con)
My Lords, to have a strategy for decarbonising electricity, the Government have to be able to say what will make up the supply when the wind is not blowing or the sun is not shining. I have looked high and low, but I have not found a strategy that will set that out, be it through the use of batteries or hydraulic pumps. I have not found a document that sets out the Government’s strategy for meeting that intermittency. Can my noble friend help me by pointing to one?
Energy Bill [HL]
Debate between Lord Moylan and Lord CallananMonday 5th September 2022
(1 year, 7 months ago)
Lords ChamberRead Full debate Energy Act 2023 View all Energy Act 2023 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: HL Bill 39-II Second marshalled list for Committee - (5 Sep 2022)
Lord Moylan (Con)
My Lords, did I hear my noble friend say 2023? Did I hear that correctly?
Lord Callanan (Con)
Yes, it is a complicated area that requires proper and detailed policy analysis, but that work is under way, and we will do so.
Splitting the wholesale market would a necessitate a fundamental and irreversible design of our electricity market arrangements, and without the appropriate consideration of the potential costs and any potential benefits and without sufficient stakeholder input, it could well lead to higher bills for consumers, and it would create an investment hiatus which would jeopardise our ambitions for decarbonising the power sector by 2035—which is exactly the point I was making to my noble friend. So, this is an important issue, but it is one that needs to be looked at thoroughly, properly and professionally. I hope that my noble friend is assured that the issue is being closely examined and will therefore feel able to withdraw his amendment.