Energy: Gas Storage

Lord Lawson of Blaby Excerpts

Thursday 28th November 2013 Lords Chamber

[Baroness Verma]

My Lords, as always, the Government constantly review what they are doing to ensure that energy is secure and that the lights stay on. Of course, these reviews take place regularly. However, we are working with Ofgem and National Grid, and are in constant conversation over those matters.

[Lord Lawson of Blaby (Con)]

My Lords, I congratulate the Government on increasing the amount of gas storage by 20%. I recall that when the party opposite was in government, I called for increased gas storage month in, month out, but it did nothing at all about it. However, 20% is not enough. Will the Minister place in the Library of the House the curious calculation that DECC has come up with, which says that any further increase in gas storage would be economically damaging, because it is highly implausible?

[Baroness Verma]

My Lords, my noble friend has asked me to place information in the Library, as have other noble Lords, and I will be very happy to do so. However, I reassure noble Lords that beyond what we are doing, further projects in the pipeline will be coming on line, so there is plenty going on. However, unfortunately, I am not able to provide dates at this moment in time.