The Growth Plan

Debate between Ben Lake and Kwasi Kwarteng

Friday 23rd September 2022 Commons Chamber

[Kwasi Kwarteng]

We are always looking at our manifesto commitments, and given our leadership in this regard, I hope that we can come to the 0.7% as soon as is practicable and as soon as the public finances allow it.

[Ben Lake (Ceredigion) (PC)]

The Chancellor began his statement by saying that the Government would be cutting everyone’s energy bills by an average of £1,400, but there is concern about whether that will apply to households and businesses that are not connected to the mains gas grid. Some 74% of properties in Ceredigion depend on alternative fuels that will not be subject to the measures announced this week. Will there be further support for such households and businesses to ensure that they benefit in a similar way to those that are connected to the mains gas grid?

[Kwasi Kwarteng]

We are discussing support for off-grid properties where people rely on heating oil and other forms of energy. My right hon. Friend the Secretary of State for Business, Energy and Industrial Strategy will be discussing it as well, and will set out the position in more detail very soon.

UK Gas Market

Debate between Ben Lake and Kwasi Kwarteng

Monday 20th September 2021 Commons Chamber

[Kwasi Kwarteng]

I spoke to the CEO of CF Fertilisers yesterday, and a number of hon. Members have raised that concern. We are trying to see how we can secure a constant supply of carbon dioxide.

[Ben Lake (Ceredigion) (PC)]

The loss of the IFA interconnector last week saw the UK lose two fifths of its capacity to import electricity from Europe, further increasing our dependence on natural gas. What pressure are the Government bringing to bear on National Grid to speed up these repairs and to invest the 19% increase to its pre-tax profits to better secure the UK’s energy network?

[Kwasi Kwarteng]

The hon. Gentleman is right to raise that issue. Clearly, to have interconnectors fail in the way they did last week, in the midst of a global gas price spike, is very concerning. We are looking at what went wrong and seeing what we can do with National Grid to hold it to account and to make sure that the risk of this happening again is minimised.

Electricity Generation: Local Suppliers

Debate between Ben Lake and Kwasi Kwarteng

Wednesday 14th October 2020 Commons Chamber

[Kwasi Kwarteng]

My hon. Friend is straying into ground that is not necessarily covered in this debate. I am very hopeful that the energy White Paper will be published soon. I think the Secretary of State said in front of the Business, Energy and Industrial Strategy Committee that it would be published in the autumn, and we are still in the autumn, so I am hopeful that it will come imminently.

[Ben Lake]

Should legislative changes be required—I think there is support across the House for that, as has been demonstrated this evening—how best can we work with the Minister to carry through any opportunities that are identified as necessary?

[Kwasi Kwarteng]

Well, a very good start is a debate such as this. It has been a real eye-opener for me. I am delighted to see so much interest. I would suggest that people engage with the Department and engage with me. I am very happy to discuss these issues, which are absolutely fundamental to the energy transition that the hon. Gentleman mentioned. As I said, this is part of an ongoing conversation. I am hopeful that the energy White Paper will come hastily enough for my hon. Friend the Member for Waveney.

We have to focus on the flexibility of the whole system in terms of the current regulatory regime. If we get that right, then we can bring the innovation and perhaps some of the centralisation that the hon. Gentleman, and other hon. and right hon. Members, want to see. The prospects are considerable. We could see innovation and growth. We could see cost reductions and, most fundamentally, carbon reductions. I think that with a co-operative spirit, we can get very far. The hon. Gentleman’s actual proposal perhaps creates more problems than it solves, but I am very willing to debate and discuss that with him on a subsequent occasion.

I thank the hon. Member for Ceredigion for raising this issue and thank all Members who participated in this short but interesting debate.

Question put and agreed to.