I have not seen all the figures on what the contract prices might entail, but I entirely agree that I want affordable energy. The advantage of nuclear energy is that it is reliable energy, and the problem with too much wind energy in the system is that it is very unreliable energy. It is therefore very expensive energy because a full range of back-up power is necessary for when the wind is not blowing. That means investing at twice the cost—investing in the wind energy and then in the back-up energy. With nuclear, only one investment needs to be made. The hon. Lady is quite right that it is crucial to get value for money if it is decided to lock into a nuclear contract.
Finance Bill
Proceeding contribution from
John Redwood
(Conservative)
in the House of Commons on Tuesday, 8 September 2015.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Finance Bill.
Type
Proceeding contribution
Reference
599 c338 
Session
2015-16
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2015-10-05 15:35:45 +0100
URI
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