Oral Answers to Questions

Debate between Greg Clark and Clive Lewis

Tuesday 19th March 2019 Commons Chamber

[Greg Clark]

Quite the opposite is true. One of the reasons why it has proved impossible to finance privately some of these nuclear power stations is that the cost of renewables was falling and the availability was increasing so rapidly that they are being muscled out of the system. The forecast electricity margin for this year is now over 11%, the highest for five years. To put this into context for the hon. Gentleman, the contribution that the Wylfa nuclear power station—3 GW—would have made was procured in a single contract for difference auction for offshore wind. That shows the abundance that we have, rather than the shortage.

[Clive Lewis (Norwich South) (Lab)]

14. What steps he plans to take to support small and medium-sized renewable power generators after the scheduled closure of the feed-in tariffs scheme.