Gas Prices and Energy Suppliers Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Chi Onwurah
Main Page: Chi Onwurah (Labour - Newcastle upon Tyne Central and West)Department Debates - View all Chi Onwurah's debates with the Department for Business, Energy and Industrial Strategy
Gas Prices and Energy Suppliers
Chi Onwurah Excerpts(3 years, 3 months ago)
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Kwasi Kwarteng
Nobody in this House has been as consistent and as focused on this issue as my hon. Friend. He knows that, as Energy Minister, I commissioned the offshore transmission network review, on which we have accelerated work. I would be happy to speak to him and other colleagues about the review’s progress.
Chi Onwurah (Newcastle upon Tyne Central) (Lab)
The Secretary of State describes small energy companies such as Green in Newcastle upon Tyne Central as “failures,” but he says nothing of his own failure in structuring, regulating and shaping the energy market. Will he confirm that large energy companies, such as Green, will not receive a penny of taxpayers’ money? What support will he offer to the employees of Green, apart from slashing universal credit?
Kwasi Kwarteng
As I said, it has been a consistent feature over the past few years that energy companies have failed and left the market. We have a process to deal with that, the supplier of last resort. I categorically say to the House that we will not be giving any grants or subsidies to larger companies.