Contributions
2,441 recent contributions in Hansard
HANSARDNuclear Energy (Financing) Bill (Third sitting)If the Minister is unhappy with our language, will he undertake to introduce Government language on Report that satisfies that differentiation?18 Nov 2021HANSARDNuclear Energy (Financing) Bill (Third sitting)I take the point about the National Security and Investment Act. The Minister will know that that was given Royal Assent only in 2021. The strategic investment agreement that…18 Nov 2021HANSARDNuclear Energy (Financing) Bill (Third sitting)The Minister is being incredibly generous in giving way, which I appreciate. On the basis of what he just said, could CGN continue to be involved in a future project as long as…18 Nov 2021HANSARDNuclear Energy (Financing) Bill (Third sitting)I would like to pick up and press the Minister on the thrust of amendments 2 and 1, which is a consequential amendment. I take what he is saying about the purpose of the Bill…18 Nov 2021HANSARDNuclear Energy (Financing) Bill (Third sitting)It is a pleasure to serve with you in the Chair, Ms Fovargue. The amendments you have grouped stand in my name and that of my hon. Friend the Member for Southampton, Test. Taken…18 Nov 2021HANSARDNuclear Energy (Financing) Bill (Third sitting)I beg to move amendment 1, in clause 1, page 1, line 15, at end insert— “(6) ‘Owned by a foreign power’ means owned by a company controlled by a foreign state and operating for…18 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q I think you have answered it in part, but it is about your understanding of how that £1.7 billion might potentially be used in a Sizewell C project and how that, in a sense,…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q I have one follow-up question. Leaving aside the particular problem historically in nuclear projects with overruns, will you elaborate on how the order of magnitude with this…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Sorry, Tom. From what you have seen, is there enough detail and clarity in the Bill about who designates a nuclear company and whether that is appropriate, and is there enough in…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q I have a two-part question for the panel, but in particular for Professor Thomas. The Bill is clearly designed to facilitate primarily Sizewell C. I still think there is a lack…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q I have two open questions for the panel. The first is on clause 1 of the Bill, which I hope you have had a chance to look at, on designating a nuclear company. In previous…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q My second question is on the total amount of nuclear capacity we require going forward. I am quite clear in my own mind that the Bill is primarily about Sizewell C, but we have…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Thank you.16 Nov 2021HANSARDNuclear Energy (Financing) Bill (First sitting)Q Just to be very clear, because I think this has implications for the funding model, do you not think that that minority stake, and the potential force-out divestment by the…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (First sitting)Q I do not want to get into the £1.7 billion—if I heard you correctly, you said that there were no express discussions, but that is really a question for the Minister rather than…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (First sitting)Q I will try and rattle through this. I have a series of questions relating to clause 1. Forgive me, Ms Pyke, but I think they will be directed mainly at you. It is quite clear in…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (First sitting)I have a series of questions relating to—16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q Richard, you have spoken with great insight about the balance between the advantages of the RAB model and the risks that come with it for consumers, and also about how those…16 Nov 2021HANSARDRenewable EnergyIn a speech last month to the Energy UK conference, the Secretary of State made the case for a decisive shift towards clean energy and away from what he termed “volatile fossil…16 Nov 2021HANSARD Nuclear Energy (Financing) BillI will, but then I must make some progress.03 Nov 2021