Renewable Energy

Lord Ravensdale Excerpts
Tuesday 15th September 2020

(5 months, 2 weeks ago)

Lords Chamber

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Department for Business, Energy and Industrial Strategy

Asked by

Lord Ravensdale Portrait Lord Ravensdale
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To ask Her Majesty’s Government what assessment they have made of the updated recommendations from the National Infrastructure Commission that the United Kingdom should aim to meet two-thirds of its electricity needs using renewable energy sources by 2030.

Lord Callanan Portrait The Parliamentary Under-Secretary of State, Department for Business, Energy and Industrial Strategy (Lord Callanan) (Con)
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My Lords, we welcome the recent NIC report and will consider its recommendations. The Government are committed to reaching net zero through a sustainable, diverse and resilient energy system. This will require significantly increased renewables deployment. Renewables are on track to deliver the majority of electricity by 2030, having reached nearly 50% in the first quarter of this year. The energy White Paper will set out plans to further accelerate renewables deployment.

Lord Ravensdale Portrait Lord Ravensdale (CB)
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I declare my interests, as set out in the register. I thank the Minister for that response. Given the NIC’s findings that increased earlier investment in renewables can be delivered at the same overall cost, meeting half only of total demand by 2030, and will not increase costs for consumers, can the Minister give assurances that the Government will prioritise investment in the UK’s world-leading renewables sector in the forthcoming spending review?

Lord Callanan Portrait Lord Callanan (Con)
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The noble Lord will understand that the spending review is of course a matter for the Treasury and that I cannot comment ahead of its decisions. However, we are prioritising investment in the renewables sector. We are accelerating new capacity through the contracts for difference scheme, which gives us certainty to drive private sector investment and has been very successful in driving down costs.