Energy: Annual Statement
Debate between Lord Woolmer of Leeds and Lord Stoddart of Swindon
Lord Woolmer of Leeds
I thank the Minister and congratulate him on the Statement made on biomass grandfathering rights. I am delighted—
Lord Woolmer of Leeds
I congratulate the Minister on the Statement on grandfathering rights for dedicated biomass plant. It is very welcome and an important step forward.
Does the noble Lord agree that the support given for offshore wind through the renewable obligation requirements on energy suppliers is an important element in securing investment in offshore wind; that this is reflected in electricity prices and could reasonably be said to avoid a public subsidy? Does he agree that electricity prices reflect support through renewable obligations rather than public subsidy? If so, do he and his coalition partners in the Liberal Democrat Party agree that this is a potential way forward for supporting nuclear power generation?