Nuclear Power Stations - Question

Part of the debate – in the House of Lords at 2:44 pm on 24 February 2020.

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Photo of Lord West of Spithead Lord West of Spithead Labour 2:44, 24 February 2020

I thank the Minister for her Answer but the Government appear somewhat complacent about tackling what will be a crisis for our future energy supply, particularly the supply of electricity as demand for that rises. There is no doubt that the current civil nuclear programme is in complete disarray. We know that, alongside renewables, new nuclear power stations are necessary if we are to decarbonise our economy. I understand that the real problem is funding of nuclear power. Is the regulated asset-based model, used for example on the Tideway scheme, a possible way to fund new reactor projects? I believe we really must start funding nuclear power.