Here are the climate-related sections of speeches by MPs during the Commons debate Draft Contracts for Difference (Definition of Eligible Generator) (Amendment) Regulations 2026.
14:30 Michael Shanks (Labour)
The CfD mechanism is central to delivering the Government’s objective of a fully decarbonised power system while securing value for money. It protects consumers when electricity prices are high and gives generators income stability over the duration of the contract. For example, had Hinkley Point C been operational during the last energy crisis, consumers would have saved around £5 billion.
The draft instrument before us today amends the Contracts for Difference (Definition of Eligible Generator) Regulations 2014 so that the Government have the option to use the CfD mechanism to support the continued generation of electricity at existing nuclear power stations. Nuclear energy is already eligible for CfD support for new-build capacity, with a CfD having been taken forward for the construction of Hinkley Point C, but nuclear stations seeking to undertake refurbishment in order to extend their operational lifetime are not currently eligible. Broadening the eligibility criteria in this way allows existing nuclear capacity to continue to generate low-carbon electricity over extended operating lifetimes, with support under the CfD where it is judged safe and economical to do so. The Government’s assessment is that nuclear lifetime extensions can provide value for money for consumers, given that lifetime extensions will be considerably cheaper than building new generation. Modelling indicates that extending nuclear plants lowers overall electricity system costs compared with other low-carbon routes to net zero.
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10:25 Pippa Heylings (Liberal Democrat)
The Liberal Democrats support extending eligibility for contracts for difference so that existing nuclear generating stations can obtain those contracts. Building new large-scale nuclear in the UK suffers from spiralling costs and has been bogged down by serious delays, so we recognise the importance of extending the operational life of existing assets. To meet our climate targets and strengthen our energy security, it is important to make the most of our existing infrastructure and these investments, and so rely less on imported fossil fuels.
Many of the respondents to the Government’s consultation expressed their support in principle for the proposed amendment, citing the benefits to our energy security, system resilience, affordability and decarbonisation. Any future contracts for difference awarded to large-scale nuclear must be awarded at competitive prices and be value for money for consumers. Beyond this, it is also vital we continue to invest in renewables, in SMR research and development, and in CfDs for green technology, to ensure we get low energy bills, strengthen our energy security and do our part to tackle the climate crisis.
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