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Oral question asked in the House of Lords, by Viscount Bledisloe (Crossbench). It was answered on Wednesday, 8 February 2006.


Energy: Renewable

Question
My Lords, does the Minister agree that long-term projects of a major kind, such as the Severn barrage, which has been spoken of, will never be viable until such time as there is a guaranteed and long-term financial preference given of a major variety to forms of electricity that are generated in a green manner and not by conventional fuels? Until that is done, the Severn barrage and everything else is pie in the sky.
Answer

My Lords, the situation is that it is extremely expensive at this point, and it is difficult to see that the cost will decrease in future. We are talking about a large amount of concrete, and I do not think that that cost will decrease. Clearly, if you are prepared to put in enormous sums to subsidise it, you can make it viable on that basis—but only on that basis.


Secondary information

Type
Oral question
Reference
678 c656 
Session
2005-06
Oral question type
Supplementary
Chamber / Committee
House of Lords chamber
Subjects
Finance Research Wave power Tidal power
Link
View this Oral question on www.publications.parliament.uk