Energy Market Reforms

Baroness Winterton of Doncaster Excerpts

Tuesday 4th November 2025 Lords Chamber

[Baroness Hayman of Ullock (Lab)]

As I have just said, the Government’s focus to bring down energy prices is moving away from reliance on fossil fuels, and I am sure the noble Lord is aware that oil is a fossil fuel. Our focus is on moving to a more renewable energy market, to take away that reliance and bring down energy bills through that route.

[Baroness Winterton of Doncaster (Lab)]

My Lords, I hope my noble friend the Minister can assure me that the Government are still very focused on helping with the development of small modular nuclear reactors and that she will ensure that they are built in this country —for example, in places such as Sheffield Forgemasters.

[Baroness Hayman of Ullock (Lab)]

I thank my noble friend for the question. Nuclear energy is part of the Government’s strategy in order to have sufficient energy for this country and to move away from gas power stations, for example. Personally, I am keen on small modular reactors: they are very important as part of our nuclear energy mix. I know that colleagues of mine in Cumbria have been pressing that we should have them there, as well as in Sheffield.