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Conclusion
Fifty-Ninth Report - Decarbonising the …
Not Addressed
In the last two decades, government has only agreed one nuclear project, at Hinkley Point C.18 The government is now creating Great British Nuclear to help it build capacity and expertise, and a regulatory regime aimed at expanding its nuclear pipeline and help it 7 Department for Business, Energy & …
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In the last two decades, government has only agreed one nuclear project, at Hinkley Point C.18 The government is now creating Great British Nuclear to help it build capacity and expertise, and a regulatory regime aimed at expanding its nuclear pipeline and help it 7 Department for Business, Energy & Industrial Strategy, Net Zero Strategy: Build Back Greener, 19 October 2021; Department for Business, Energy & Industrial Strategy, British Energy Security Strategy, 7 April 2022; HM Treasury, Net Zero Review: Analysis exploring the key issues, October 2021; HM Government, The Energy White Paper: Powering our net zero future, CP 337, December 2020; Department for Business, Energy & Industrial Strategy and Ofgem, Transitioning to a net zero energy system: Smart Systems and Flexibility Plan, July 2021; Department for Business, Energy & Industrial Strategy, UK Hydrogen Strategy, CP 475, August 2021. 8 Q 68 9 Q 25; Department for Energy Security & Net Zero, Review of Electricity Market Arrangements: Summary of responses to consultation, March 2023; draft legislation 10 Qq 23, 28, 112 11 Qq 23, 27 12 Qq 24, 26–27, 109–110; C&AG’s Report paras 9–11 13 Climate Change Committee, Progress in reducing emissions: 2022 Report to Parliament, June 2022 14 Qq 23–27 15 Department for Business, Energy & Industrial Strategy, Net Zero Strategy: Build Back Greener, 19 October 2021 16 Q 32 17 C&AG’s Report, Figure 2 18 C&AG’s Report, para 1.9 10 Decarbonising the power sector achieve its ambitions for this technology.19 We received written evidence from the Nuclear Industry Association that regulation and safety are at the heart of the sector, but that, the current system would not work efficiently or quickly enough to deliver government’s ambitions.20 These ambitions include overseeing the deployment of a mix of large ‘gigawatt’ stations such as Hinkley Point C (which is under construction and due to produce up to 3.2GW when it starts operating), and small modular reactors (so-called SMRs)
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Government response AI summary
The government states it agrees with the recommendation and provides annual updates to Parliament through responses to the Climate Change Committee’s reports and other publications. The response does not address the committee's observation regarding the efficiency or speed of the nuclear regulatory system.
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HM Treasury
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Conclusion
Fifty-Ninth Report - Decarbonising the …
The Department also told us that it is tracking offshore wind projects at various stages of development that could produce 80GW of electricity when operating, more than its 50GW ambition. However, it acknowledged that not all these projects would succeed. It told us that it has established an offshore wind …
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The Department also told us that it is tracking offshore wind projects at various stages of development that could produce 80GW of electricity when operating, more than its 50GW ambition. However, it acknowledged that not all these projects would succeed. It told us that it has established an offshore wind champion and acceleration taskforce to identify barriers to this technology. The Department also told us that it works closely with The Crown Estate, and Crown Estate Scotland, which have responsibility for seabed leasing on which offshore windfarms are sited.23 It noted that the contracts for difference mechanism has resulted in increases in offshore wind capacity from 1GW in auction round one to 7GW in auction round four.24 Providing clarity and confidence to private investors
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HM Treasury