Powering Up Britain
Marco Longhi Excerpts(1 year, 1 month ago)
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Graham Stuart
The hon. Lady is absolutely right to highlight the issue. That is why we have set up the energy efficiency taskforce. We are putting in £6.5 billion in this Parliament, as well as announcing the major insulation scheme today. We have another £6 billion between 2025 and 2028. We are absolutely committed to ensuring that homes are insulated. I am pleased that today’s announcements will see 300,000 of the most energy-inefficient homes in the country tackled, reducing families’ bills by hundreds of pounds a year as a result.
Marco Longhi (Dudley North) (Con)
With energy security a key strategic imperative for our Union, I thank the Minister not only for this statement but for his common-sense approach to investments in oil and gas as we transition to a greener economy. Building on other Members’ comments about investment in British nuclear, such projects are notoriously slow at being delivered. Can we look at how to very quickly get spades in the ground and invest in small nuclear reactors for the benefit of the country?
Graham Stuart
The reason for setting up Great British Nuclear is precisely to de-risk, roll the pitch and accelerate technologies. One of the benefits of small modular reactors as opposed to gigawatt scale is quicker replicability. The hope is that it can move to a factory-like process, eliminate errors iteratively and then deliver nuclear energy safely, cheaply and more quickly than previous technologies have allowed.