Energy: Action on Bills

Debate between Lord Reid of Cardowan and Baroness Verma

Monday 2nd December 2013 Lords Chamber

[Baroness Verma]

I thank my noble friend for her endorsement of the Statement. As with all measures, we need to be able to ensure that people are kept warm and safe and that they are not paying over the odds for energy. There are measures in the Statement and measures that we are already undertaking that will help energy efficiency and help consumers to reduce their bills.

[Lord Reid of Cardowan (Lab)]

I thank the Minister for the Statement. In doing so, I repeat the question I asked her last week about the Government’s attitude to markets and, in particular, failing markets. Less than two months ago, we were told by no less a personage than the Prime Minister, and by almost everyone else who has been briefing on his behalf, that any intervention in the energy markets was at best a return to the 1970s and at worst Marxism—presumably a return to the 1870s. Today, in her introductory remarks—I think I am quoting her correctly—the Minister talked about “forcing transparency on the market” and later referred to “bearing down on prices”. Will she clarify for us whether the Government now accept that it is not only proper and reasonable to intervene in a failing market but it is the duty of government so to do in order to protect people from a faulty market?

[Baroness Verma]

My Lords, I shall respond to the noble Lord as I probably responded to him last time. We need to ensure that there is greater competition. I hate to go back to my earlier point, but under the previous Administration, the number of energy companies reduced from 14 or 15 to six. The big six is a Labour creation. If we have less competition, it is because that competition was taken out by the previous Government. We have now seen seven new entrants in our energy mix. We will see a greater number of entrants coming forward because we have created confidence for smaller providers to come into the marketplace. We do not need intervention as the noble Lord expects. We need to ensure greater competition.

Energy: Gas Storage

Debate between Lord Reid of Cardowan and Baroness Verma

Thursday 28th November 2013 Lords Chamber

[Baroness Verma]

Indeed, my noble friend raises a very important question. That is why, through the Energy Bill, we have tried to ensure that we support home-grown energy. We need a mix of energy and we need it to come from various sources. That is the only way we will be able to tackle what we see as increasingly global prices.

[Lord Reid of Cardowan (Lab)]

My Lords, just so that we can be clear on the Government’s position, is it that when a market is not working, it is proper to intercede?

[Baroness Verma]

My Lords, the point of intervention is where we try to ensure that low-carbon generation gets the support to be able to supply energy at a cost that will be affordable to consumers. That is about ensuring energy security and cleaner energy, but also affordability.

Open Public Services White Paper

Debate between Lord Reid of Cardowan and Baroness Verma

Monday 11th July 2011 Lords Chamber

[Baroness Verma]

The noble Lord has raised a number of detailed questions and I suspect that I will not be able to answer them today. I would like to take them away, write to him and place a copy in the Library, because it would be unwise of me to respond to him about outcomes without details of how those outcomes would be delivered.

[Lord Reid of Cardowan]

My Lords, perhaps I can assist on this. While not agreeing with everything that has been proposed, on the matter of choice there are difficulties in getting information, in travelling away from your local hospital, in transferring records, but that has never stopped the rich exercising their choice. They have always been able to overcome these difficulties. Therefore, if there are obstacles in the way of consumer choice for patients, the answer should not be to remove that choice; it should be to increase facilities for the provision of information. On outcomes, I would simply say that, since the introduction of choice in the National Health Service, hundreds of thousands of people have been taken off the waiting list and the maximum waiting time has been reduced from two years to six weeks from diagnosis to operation. That was due to the element of competition and patient empowerment which was introduced into the National Health Service through choice.

[Baroness Verma]

I thank the noble Lord for coming in and assisting me, but I will still follow it through with some letters.