Offshore Wind Debate
Full Debate: Read Full DebateChristopher Chope
Main Page: Christopher Chope (Conservative - Christchurch)Department Debates - View all Christopher Chope's debates with the Department for Energy Security & Net Zero
(1 day, 20 hours ago)
Commons ChamberMy hon. Friend is right—bandwagon-jumping is basically the Conservatives’ policy, and they have jumped on the anti-net zero bandwagon. She makes serious and important points about the future. Indeed, she is a brilliant champion for this industry and for her area, because there are huge opportunities for Grimsby as a result of this auction. She will know that RWE was particularly successful in the auction, and we look forward to working with her and RWE to ensure that we deliver for her constituents.
How are the figures that the Secretary of State has announced today compatible with the Climate Change Committee’s seventh carbon budget last year, which said that the cost of offshore wind at 2023 prices would be £37.80 per megawatt-hour in 2035? He has just announced £90.91 per megawatt-hour, so how can that be a bargain basement price? Is this not a rip-off of the consumer, who will now face extortionate energy prices for at least 20 further years?
No, I do not agree. The hon. Gentleman, in all seriousness, should look at the need to build new energy generation in this country—we are going to have a 50% rise in electricity demand by 2035, and we have to build something. If he wants to build a whole fleet of new gas-fired power stations, he can decide to do that, but the figures we have published today show the costs of that, and those power stations would be more expensive to build and operate than the offshore wind that we have announced today.