Energy Security Strategy
Debate between Wera Hobhouse and Mick Whitley(1 year, 9 months ago)
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Mick Whitley
My hon. Friend makes an excellent point. The Mersey tidal project alone has the potential to power more than 1 million homes and produce almost as much electricity as Hinkley Point C at a fraction of the cost, yet around 14 GW of tidal capacity has been cancelled, lies dormant or is languishing in the early stages of development. The strategy makes no commitment to supporting tidal power—an omission that has rightly been described by the British Hydropower Association as “incomprehensible”.
Wera Hobhouse (Bath) (LD)
Is it not absurd that a lot of tidal power projects are rejected on the basis of cost, yet nuclear is the most expensive way of producing energy?
Mick Whitley
I thank the hon. Lady for that point. The Minister will point towards the considerable up-front costs of tidal power as a barrier to progress, but such a view ignores the fact that all renewable technologies are expensive in their infancy, as well as the fact that some of these installations could have lifespans of more than a century.