Energy Security Strategy Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Earl Howe
Main Page: Earl Howe (Conservative - Excepted Hereditary)Department Debates - View all Earl Howe's debates with the Department for Business, Energy and Industrial Strategy
(2 years, 1 month ago)
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Lord Hunt of Kings Heath (Lab)
My Lords, can the Minister explain to the House why the strategy was not published this morning—
Earl Howe (Con)
My Lords, although the clock has passed 15 minutes, I am afraid it was the turn of the Liberal Democrats. I will allow the noble Lord to ask his question: I think that would be appropriate.
Lord Fox (LD)
I appreciate that, and I thank the noble Lord for giving way. As your Lordships’ House knows, the financial risk of funding future nuclear is falling to consumers through the RAB model. Can the Minister tell us when consumers will see their bills go up, and by how much? When will they see the fruits of that investment—in nuclear electricity—coming down their pipes? How long will they have to wait and how much will they have to invest before that electricity comes on stream?