Energy Markets

Debate between Ben Goldsborough and Ed Miliband

Thursday 5th March 2026 Commons Chamber

[Ed Miliband]

I thank the right hon. Gentleman for his points about business and particularly about heating oil. It is a really important point, because people who are using heating oil are exposed to what is happening in the market. Obviously, it depends on when they restock their heating oil and, as I have said a number of times, how long the crisis continues, but he is right to raise that as an area we need to look at.

[Ben Goldsborough (South Norfolk) (Lab)]

To follow on from that exact question, I, too, represent a very rural constituency, and there will be constituencies up and down the United Kingdom, particularly in Northern Ireland, that are heavily reliant on heating oil as our source of energy. Will the Secretary of State say what action will be taken in the medium and short term to take account of the price shocks? I have already had the chair of the parish council in Thurlton get in touch, along with many other constituents who are very worried about this price shock.

[Ed Miliband]

Obviously, we are in the first few days of this crisis, but the best thing I can say to my hon. Friend and hon. Members in all parts of the House who are concerned about this issue, and totally understandably so, is that we are very much aware of where the exposure is. The price cap is a guarantee, and I chose my words carefully when I said earlier that, for the vast majority of people, the price cap provides a guarantee for domestic consumers, bearing in mind that those using heating oil are more exposed. We will look at that issue. To go back to the wider point that I made, both the Chancellor and the Prime Minister have shown a determination to act on the cost of living crisis. Obviously, much of this depends on how long the crisis goes on, but the point is well taken.

Oral Answers to Questions

Debate between Ben Goldsborough and Ed Miliband

Tuesday 15th July 2025 Commons Chamber

[Ed Miliband]

I made a comprehensive statement to the House on this last Thursday, and the grounds for the decision are these: first, there is the question of fairness, and secondly, there is the question of the cost of the transition and what would happen in the meantime. We need investment in our clean energy infrastructure, and we need investment in growth. I believe that our way—reformed national pricing—is the right way forward.

[Ben Goldsborough (South Norfolk) (Lab)]

T3. In the fight for energy security, every area of our country must play its part, but that means energy infrastructure projects should be distributed evenly. What is the Department doing to ensure that no community will be asked to do more than its fair share?

[Ed Miliband]

My hon. Friend makes an important point. That is why the strategic spatial energy plan will set out where we need our energy infrastructure, so that we can have a planned system that matches power needs and infrastructure at least cost to bill payers and taxpayers.