Nuclear Energy (2)

Meeting: 
MQT on 2013-12-18
Session date: 
December 18, 2013
Reference: 
2013/4976
Question By: 
Murad Qureshi
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

You have recently expressed strong support for both fracking and nuclear power playing an active part in London's energy future. How do you therefore respond to comments made by Lord Browne in his recent speech to the LSE who labelled nuclear power as "very, very expensive indeed" and that fracking would not help reduce gas prices in the UK?

How will these technologies help lower energy bills for Londoners?

Answer

Answer for Nuclear Energy (2)

Answer for Nuclear Energy (2)

Answered By: 
The Mayor

The Coalition Government is working to repair the damage that the former Labour government's irresponsible, short-termist and incoherent so-called "energy" policy has left this country: a capacity crunch in just 2 years and the UK exposed to the sometimes wild fluctuations in commodity prices.

The only way that the UK's energy prices can be stabilised is through new supply from a mix of UK sources: new nuclear, UK sourced gas and renewables.