World Energy Outlook 2020

Baroness Neville-Rolfe Excerpts
Tuesday 20th October 2020

(3 years, 6 months ago)

Lords Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Lord Callanan Portrait Lord Callanan (Con)
- Hansard - - - Excerpts

The noble Lord makes a good point; heating decarbonisation will be a crucial part of the race to net zero, and we will be bringing forward a detailed heating decarbonisation strategy shortly.

Baroness Neville-Rolfe Portrait Baroness Neville-Rolfe (Con)
- Hansard - -

My Lords, I was disappointed that this report neglects nuclear energy. Its reliable, emission-free 24-hour baseload provides an essential complement to solar and wind, which sadly can be absent for weeks at a time. At a time of unparalleled low interest rates, will the Government’s forthcoming energy White Paper grasp the nettle and propose government support for nuclear via direct government involvement?

Lord Callanan Portrait Lord Callanan (Con)
- Hansard - - - Excerpts

I thank my noble friend for her question, but the WEO 2020 report suggests a 10% increase in nuclear between 2019 and 2030. Beyond 2030, the Paris compliance scenarios envisage small modular nuclear reactors taking a stronger role, alongside CCUS and hydrogen. Of course, we will address all these upcoming matters in the energy White Paper.