Contributions
435 recent contributions in Hansard
HANSARDFinancial Services and Markets Act 2023 (Capital Buffers and Macro-prudential Measures) (Consequential Amendments) Regulations 2025I thank the noble Baronesses for their questions and remarks on what are really technical issues. There is no real policy change, but the issues are none the less important. As…03 Sept 2025HANSARDMarkets in Financial Instruments (Miscellaneous Amendments) Regulations 2025That the Grand Committee do consider the Markets in Financial Instruments (Miscellaneous Amendments) Regulations 2025.03 Sept 2025HANSARDGreat British Energy: Nuclear DevelopmentMy Lords, Great British Energy’s mission is to drive clean energy deployment in order to create jobs, boost energy independence and ensure that UK taxpayers, bill payers and…22 Jul 2025HANSARDGreat British Energy: Nuclear DevelopmentI thank the noble Earl for that question but I do not think that the Great British Energy budget has been cut. The £8.3 billion will be spent between the two allied companies. The…22 Jul 2025HANSARDGreat British Energy: Nuclear DevelopmentIt is vital that we invest in nuclear. It will add to the baseload for electricity generation into the future. We want to see young people attracted into the industry, and growth…22 Jul 2025HANSARDGreat British Energy: Nuclear DevelopmentI appreciate that point of view, but I think it is a bit on the fringe of what this House and people in the industry think. We have to remember that once Sizewell C is geared up…22 Jul 2025HANSARDGreat British Energy: Nuclear DevelopmentWe are talking to British producers and manufacturers of solar cells to see how we can invest in that and advance the technology on solar cells so that we do not have to rely on…22 Jul 2025HANSARDGreat British Energy: Nuclear DevelopmentThe position of the Government is essentially that we want to see homegrown nuclear energy, as well as wind energy and hydrogen energy, so that we do not have to rely on foreign…22 Jul 2025HANSARDGreat British Energy: Nuclear DevelopmentI thank the noble Lord for that question. Obviously, we will do everything we can to expedite the planning process. We are very keen on infrastructure projects that are in the…22 Jul 2025HANSARDGreat British Energy: Nuclear DevelopmentI thank the noble Viscount for that question. The Government’s approach is that these two, Great British Energy and Great British Energy-Nuclear, are allied organisations that…22 Jul 2025HANSARDGreat British Energy: Nuclear DevelopmentThe preferred bidder is Rolls-Royce and I think we are ahead of the curve in all this. We are investing in the technology and we want to see it coming online in the medium to long…22 Jul 2025HANSARDElectricity Capacity (Amendment) (No. 2) Regulations 2025That the draft Regulations laid before the House on 3 and 11 June be approved. Considered in Grand Committee on 16 July .21 Jul 2025HANSARDNuclear Installations (Compensation for Nuclear Damage) (Amendment) Regulations 2025That the draft Regulations laid before the House on 19 May and 2 June be approved. Considered in Grand Committee on 14 July .16 Jul 2025HANSARDElectricity Capacity (Amendment) (No. 2) Regulations 2025That the Grand Committee do consider the Electricity Capacity (Amendment) (No. 2) Regulations 2025.16 Jul 2025HANSARDElectricity and Gas (Energy Company Obligation) (Amendment) Order 2025My Lords, this order was laid before the House on 11 June. This Government remain steadfast in their commitment to ensuring that homes are warmer, more energy efficient and more…16 Jul 2025HANSARDElectricity Capacity (Amendment) (No. 2) Regulations 2025My Lords, these regulations were laid before the House on 3 June 2025. I am most grateful for the opportunity to join this Committee’s proceedings today. This instrument seeks to…16 Jul 2025HANSARDElectricity and Gas (Energy Company Obligation) (Amendment) Order 2025I thank noble Lords for their contributions, questions and general support for these technical adjustments to regulations. This Government remain firmly committed to supporting…16 Jul 2025HANSARDElectricity and Gas (Energy Company Obligation) (Amendment) Order 2025I do not have the figures in front of me about the number of homes in rural communities and how they are affected. However, I can say that we are aware that rural properties face…16 Jul 2025HANSARDElectricity and Gas (Energy Company Obligation) (Amendment) Order 2025That the Grand Committee do consider the Electricity and Gas (Energy Company Obligation) (Amendment) Order 2025.16 Jul 2025HANSARDElectricity Capacity (Amendment) (No. 2) Regulations 2025I thank noble Lords for their comments and their general support for these regulations, which, as I said in my opening remarks, are technical in scope. This Government are…16 Jul 2025