Chamber and committees

The Expert Reference Group (ERG) on Digital Assets was established to provide legal clarification on accommodation of digital assets within Scots private law. The ERG is currently drafting a response to the Law Commission for England and Wales’ (LCEW) Consultation Paper on Digital Assets. The response will take into account any areas of divergence between Scots law and English law but will also confirm those areas where alignment might be of benefit.

The Scottish Government does not hold information on the price of energy generated by Torness nuclear power station. This information is of a commercial nature and shared only between the contract holders and the customer.

However, what is clear is that existing nuclear is expensive: under the current contract awarded by the UK Government to Hinkley Point C, the electricity that will be generated will be priced at £92.50 per megawatt hour (using 2012 prices). In contrast, wind is one of the cheapest forms of energy. Electricity being generated from offshore wind will be priced at £37.65 per megawatt hour.

In addition to this direct funding, nuclear developers have had the potential to profit from a Contract for Difference for 35 years for Hinkley Point C and will be able to use a Regulated Asset Base funding model that further reduces their financial risk for future projects. In contrast, other technologies with high capital expenditure costs, such as Pumped Hydro Storage, have not been able to utilise these market mechanisms to facilitate deployment. We continue to call on the UK Government to put in place a suitable market mechanism for Pumped Hydro Storage developments.

Scotland’s Deposit Return Scheme would be a major part of our efforts to reduce littering. The Scottish Government does not consider that section 67 of the Civic Government (Scotland) Act 1982 is relevant to any bottles or cans which have been littered and therefore no assessment has been made of its impact on the scheme.

As 7 June, over 670 producers responsible for more than 2 billion drinks containers, representing 95% of products sold in Scotland had registered with Circularity Scotland.

This represented the full range of drink producers from global brands to small craft breweries and distilleries.

I refer the member to the answer to question S6W-18873 on 20 June 2023. All answers to written Parliamentary Questions are available on the Parliament's website, the search facility for which can be found at https://www.parliament.scot/chamber-and-committees/written-questions-and-answers

The Scottish Government has not made any assessment of the technologies in question in relation to renewable energy trading. As the regulation of energy markets remains reserved, this would be a matter for the UK Government to consider.

The Contracts for Difference scheme is a UK Government mechanism.

Information about all Contracts for Difference strike prices is available in the public domain here: Contracts for Difference - GOV.UK (www.gov.uk) .

The Scottish Government uses a range of evidence in its assessment of the future energy system. The whole-system modelling produced by Energy Systems Catapult and which underpins the draft Energy Strategy was completed before the publication of the UNECE report, and was therefore not informed by the UNECE findings.

Analysis undertaken as part of the analysis underpinning the draft Energy Strategy and Just Transition Plan does not show any significant negative impacts from the closure of Hunterston B and Torness nuclear power stations on Scotland’s CO2 emissions.

Under this modelling, the reduction in electricity generation from nuclear power plants in Scotland will be compensated for by the vast expansion of low-cost renewables and flexible technologies such as storage, not by fossil fuel plants which would increase greenhouse gas emissions.

The whole systems energy modelling underpinning the draft Energy Strategy was conducted by the Energy Systems Catapult and the full details of the project are published here:

Scottish whole energy system scenarios (climatexchange.org.uk)

A context document was also published here:

Scottish whole energy system scenarios: context document - gov.scot (www.gov.scot) .