Extracts from second reading debate (Commons) of the Nuclear Energy (Financing) Bill - Nov 3

Peter Aldous (Waveney) (Con):...We need new nuclear, as it provides energy security. It is the only proven technology that can supply low-carbon baseload at scale. It complements, rather than competes with, the growth of renewables—in particular, in an East Anglian context, offshore wind. It also promotes the development of other clean technologies, such as hydrogen, which is planned at Sizewell, direct air capture and, in due course, small modular reactors...

James Daly (Bury North) (Con):...It is also fair to say that many jobs in the north of England have been revitalised by Hinkley Point C. Those jobs, skills and investment across the supply chain in the north of England come from investment in nuclear, but we also have clean growth, with low-carbon, always-on power to support renewables and facilitate the development of other clean tech such as hydrogen, direct air capture and small modular reactors to accelerate clean growth and new industries across the region, including decarbonisation clusters in Teesside and in Yorkshire and the Humber. There is energy security, with firm, clean base-load power to the grid that will support renewables and give us greater control in our transition to net zero while helping to wean Britain off its reliance on energy imports...

To read the whole debate, CLICK HERE