Boris Johnson speech today: PM confirms £700m nuclear power expansion amid energy crisis


Associated: Rishi Sunak and Liz Truss ‘saying nothing’ to sort out value of residing crisis, Labour MP says

Boris Johnson has promised £700m of funding to get the much-delayed Sizewell C nuclear power undertaking into operation as a part of a drive to enhance the UK’s energy safety.

In his ultimate main coverage speech as prime minister, Mr Johnson mentioned the spike in gasoline costs pushed by Vladimir Putin’s invasion of Ukraine confirmed why the UK wanted new nuclear-generation capability.

The brand new Suffolk reactor might power the equal of about six million properties and would supply tens of hundreds of jobs, he mentioned, and it will be “insanity” to not go forward with it.

“In the midst of the following few weeks I’m completely assured that it’s going to recover from the road,” he added throughout a go to to the location.

Lamenting the UK’s failure to construct new nuclear power stations, he blamed “myopia” – politicians not having the ability to see past the political cycle, as he took a swipe at Labour and the Lib Dems for not having constructed any whereas in power.

And in what’s seen as a veiled put-down of Liz Truss, he solid doubt on fracking.

Earlier, chancellor Nadhim Zahawi mentioned he was deeply involved individuals might freeze this winter as energy payments skyrocket, admitting authorities assist with the price of residing was not sufficient and insisting “nothing is off the desk”.

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Sizewell go-ahead will improve payments for many years, says Greenpeace

Greenpeace UK has condemned the price of investing in Sizewell C.

Chief scientist Doug Parr mentioned the £700 million might insulate enormous numbers of draughty properties and lower subsequent 12 months’s payments, “as an alternative of being thrown on to the slow-burning monetary bonfire that’s EDF, to extend our payments for many years”.

He added: “The distinction between these lumbering white elephants and the dynamic, cost-cutting, modern applied sciences within the renewables sector might barely be extra placing.

“Whereas this down-payment on failure exhibits the federal government hasn’t seen, the market has, and traders have fled the nuclear sector.

“To get Sizewell achieved, the federal government must step in and add the large prices of constructing reactors to the large prices customers are already paying for his or her electrical energy.”

The “Boris invoice” could be the Prime Minister’s legacy, he added.

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Gove urges Truss to think about enterprise energy rationing

Tory former setting minister Michael Gove, a Rishi Sunak backer, has urged Liz Truss to think about rationing of energy for companies this winter.

Ms Truss, the sturdy favorite to be the following PM, dominated out any type of rationing ultimately night time’s ultimate Tory hustings occasion.

However Mr Gove, who in 2016 himself stood as social gathering chief, mentioned the UK could must observe some European nations in limiting use.

“If we have a look at our European neighbours and others, there have been some restrictions on using energy in non-domestic settings,” he advised Radio 4’s Right this moment – however mentioned he didn’t suppose “people rationing energy” could be essential.

“It could be the case that in sure non-domestic settings, that there must be some type of restraint in the best way energy is used,” he mentioned.

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MPs declare £200,000 for utility payments on second properties

MPs charged taxpayers nearly £200,000 for energy payments and different utilities at their second properties over the previous 12 months, new evaluation by The Impartial has discovered.

Campaigners mentioned the findings confirmed that Britain’s elected representatives have been partly “insulated” from monetary ache throughout the price of residing crisis. Adam Forrest has this unique report:

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Lib Dem chief hits again at PM over renewables

Lib Dem chief Ed Davey says Boris Johnson’s name for extra funding in renewable energy would anger “many individuals who know it’s his authorities that has did not spend money on low cost inexperienced energy”.

He added: “The thousands and thousands going through sky-high energy payments this winter might have had cheaper payments and hotter properties if it wasn’t for Boris Johnson’s failure to spend money on renewable energy as Liberal Democrats did in authorities.”

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Johnson casts doubt over fracking in dig at Truss

Mr Johnson appeared to take goal at supporters of fracking, in what shall be seen as a veiled put-down of his doubtless successor Liz Truss.

Highlighting the significance of offshore wind, he mentioned: “Due to the activism of the federal government we’re now racing in the direction of our goal – we’ll hit it – of fifty gigawatts of offshore wind by 2030. Fifty gigawatts is a big quantity, that’s roughly half the electrical energy consumption of this nation, from offshore wind.

“I inform all people who thinks hydrocarbons are the one reply, we should always get fracking and all that, offshore wind is now the most affordable type of electrical energy on this nation. Offshore wind is 9 instances cheaper than gasoline.”

Liz Truss has repeatedly mentioned she helps fracking in areas the place native individuals assist it.

Boris Johnson ‘doubtful’ about fracking in UK

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Sizewell C will power one in 5 UK properties, says PM

Boris Johnson mentioned of Sizewell C: “This undertaking will create tens of hundreds of jobs, it is going to additionally power 6 million properties – that’s roughly a fifth of all of the properties within the UK – so it’ll assist to repair the energy wants, not simply of this era however of the following.

Hailing the choice to press forward with the undertaking, Mr Johnson added: “So no extra nationwide myopia, no extra short-termism – let’s take into consideration the long run, let’s take into consideration our children and our grandchildren, in regards to the subsequent era.

“And so I say to you, with the prophetic candour and readability of 1 who’s about at hand over the torch of workplace, I say go nuclear and go massive and go together with Sizewell C.”

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Johnson blames Blair and Brown

Boris Johnson blamed Tony Blair and Gordon Brown as Labour prime ministers for not pushing forward with nuclear power.

“When Sizewell opened in 1966 it was the eighth reactor that this nation had in-built simply seven years,” he mentioned.

And he in contrast the UK with France and different nations, asking: “Why have we by no means received again to that type of rhythm?”

“For 13 years the earlier Labour authorities did completely nothing to develop this nation’s nuclear business. They mentioned it didn’t make financial sense,” he mentioned

“Thanks a bunch Tony. Thanks a bunch Gordon.”

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‘Ukraine will need to have Zaporizhia nuclear plant again’

Requested in regards to the Zaporizhia nuclear power plant that’s occupied by Russian forces, Mr Johnson mentioned the Russian goal was clearly to “unplug” it from the Ukrainian grid and plug it into the Russian grid – a dangerous transfer.

The Ukrainians ought to have it again beneath their management, he mentioned, including what the Ukrainians had already achieved was astonishing in pushing the Russians again.

“No matter occurs in Kherson or the Donbas, it’s important that we keep steadfast and rock stable in our assist for Ukraine,” he mentioned.

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Johnson refuses to say whether or not he has regrets

Boris Johnson has refused to reply whether or not he has any regrets from his time in workplace, however added he was very happy with what his authorities did.

Requested by journalists whether or not he would change something and about what individuals ought to do in view of spiralling energy prices, he mentioned he would go away it for them to guage.

He mentioned was sorry it will be robust, however the future could be higher as soon as the UK had an technique in place that delivered long-term, sustainable energy.

Then the UK would now not be susceptible to Vladimir Putin’s techniques, he mentioned.

On his personal future, he mentioned he would give his successor his “full, unqualified” assist and “solely time will inform” what sort of ex-prime minister he shall be.

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PM says authorities will put £700m in Sizewell C

Asserting a £700m funding in Sizewell C, Mr Johnson mentioned renewables have been the long run.

Offshore wind is 9 instances cheaper than gasoline, he mentioned.

Vladimir Putin thought Europe would roll over and settle for Russian gasoline – however he was incorrect, he insisted.

There could be a considerable sum of cash from whoever took over from him, Mr Johnson promised.

“After all there shall be additional cash to come back from whoever takes over from me… substantial sums.”

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