How should the Government’s energy strategy change?
On Tuesday 5 April, the Economic Affairs Committee holds its next evidence sessions on UK energy supply and investment.
At 3pm, the Committee will hear from Lord Turner of Ecchinswell, Chair, Energy Transitions Commission
At 4pm, the Committee will hear from Tom Samson, CEO, Rolls-Royce SMR and Tom Greatrex, Chief Executive, Nuclear Industry Association
Questions the committee are likely to cover in this session:
- What are the main barriers to an orderly transition to net zero?
- The Government is in the process of forming its energy security strategy in response to the Russian invasion of Ukraine. What are the suggestions for the Government in the short term and medium term to improve energy security?
- What are the recommendations to the Government about making green finance initiatives effective in encouraging investment in an orderly transition to net zero?
- At what volume and over what timeframe can Small Modular Reactors be deployed?
- What is the scope to reduce costs for SMR energy over time?
- What are the possible cost reductions of SMRs compared to largescale nuclear?
- What level of security risk is posed by relying on nuclear power? What types of risk are most concerning?
The committee’s UK energy supply and investment inquiry is finding out if the Government’s energy strategy is delivering investment in an energy supply that is resilient, affordable and in line with achieving net zero emissions. The focus of this inquiry is on long-term energy policy and trends in the energy market.
These evidence sessions will be streamed live on Parliament TV