PARLIAMENTARY DEBATE
Nuclear Energy Sector - 16 January 2024 (Commons/Commons Chamber)

Last week, I announced the biggest expansion of nuclear power for 70 years. We will deploy a fleet of small modular reactors and build up to 24 GW of nuclear by 2050. This will ensure we have reliable, cheap and low-carbon power to protect consumers from price volatility and hostile foreign regimes, bolstering our energy security.

My hon. Friend is absolutely right that the nuclear sector supports jobs across the United Kingdom, and it would be very welcome if Governments across this United Kingdom were to come together and champion that industry as it grows over the next few decades. The nuclear sector is vital to the economy of south-west England, as my hon. Friend knows, providing up to 11,000 jobs in construction alone at Hinkley Point C, and will go on generating highly skilled jobs for generations as we continue to build up this important part of our energy security.

My hon. Friend will be pleased to know we are bringing forward small modular reactors and that the next phase of the live SMR competition will launch within weeks. Our aim is for the competition to be the fastest of its kind in the world, to help facilitate final investment decisions for the project being taken in the next Parliament and operational projects being here in the UK by the 2030s. The launch will mark a significant step forward for eligible companies and for the UK’s broader nuclear ambitions.

My hon. Friend is right to refer to the proud history we have in this country when it comes to civil nuclear—the developments at Calder Hall led the world—and the deep geological disposal that is happening in Finland right now. The plans in our nuclear road map will quadruple nuclear capacity by 2050. We are making rapid progress on Sizewell C and the SMR competition. We continue to work closely with countries such as Finland, with which I engage with regularly. It has built and operates large-scale geological disposal facilities, and signed up to the COP pledge to triple nuclear capacity.

I would be delighted to meet the Mayor of South Yorkshire. Through the nuclear road map, we are committed not only to ensuring our energy security and achieving a further drive towards our net zero objectives, but to building up the supply chain and creating those high-wage, high-skilled jobs at all levels across the United Kingdom. Of course I would be delighted to meet the Mayor of South Yorkshire and, indeed, anybody else who represents an area that wants to invest in this future and this great exciting moment for nuclear capacity.

I thank the hon. Gentleman for his question. I hold a contrary position. I am proud of the fact that this country is open to inward investment and, indeed, attracts attention from some of the biggest companies in the world to invest in our future energy security and net zero objectives. Of course, in unveiling all these exciting announcements, as we did last week, at the heart of what we are seeking to achieve is to create those high-wage, high-skill jobs as we move forward across the United Kingdom, building up that supply chain, and tidal will be an important part of the mix as well.

As the hon. Gentleman knows, just last week we unveiled our civil nuclear road map. I committed to meet him and, indeed, anybody else from Northern Ireland to seek to build up the manufacturing and supply chain workforce in Northern Ireland, so that all parts of our United Kingdom can benefit from the once-in-a-generation investment that we are making right now.