Energy Markets

Debate between Graeme Downie and Ed Miliband

Thursday 5th March 2026 Commons Chamber

[Ed Miliband]

I agree with the hon. Lady on her fundamental point about why we are exposed. Cost of living support is obviously a matter for the Prime Minister and the Chancellor, but I reiterate to her that the Chancellor showed a willingness to act on these issues in the Budget because she recognised the pressures that families are facing, and that the cost of living crisis is by far the biggest issue facing our country. At Prime Minister’s questions, the Prime Minister again reiterated that we are carefully monitoring the situation. The Government have shown their willingness to intervene, and if necessary, we will intervene again.

On the wider points that the hon. Lady makes, the most important thing to emphasise is that we have to go back to the fundamentals. That means driving forward with clean power and the insulation of homes. Our European counterparts, whom she asked about, face similar challenges. Through the International Energy Agency, we are all engaged on some of the issues around oil stocks that I raised in my statement. She is absolutely right that co-operation with our European colleagues is particularly vital at this time.

[Graeme Downie (Dunfermline and Dollar) (Lab)]

I thank the Secretary of State for his very clear and measured statement. May I ask him about two points? First, if we see rises in bills in forthcoming months, can we ensure that the blame is placed firmly where it should be—on the actions of the Iranian Government in attacking and threatening the strait of Hormuz?

Secondly, in the Energy Security and Net Zero Committee meeting yesterday, we heard from the chief executive of Ofgem that a prolonged period of closure of the strait of Hormuz would create an upward pressure on prices. He indicated during that evidence session that the market anticipated that it could manage a period of roughly two weeks. As the conflict continues to develop, does the Secretary of State have any sense of what might be meant by a “prolonged period of time” that would create upward pressure? Will he ensure that the Committee and the House are kept informed?

Offshore Wind

Debate between Graeme Downie and Ed Miliband

Wednesday 14th January 2026 Commons Chamber

[Ed Miliband]

No, I do not agree. The hon. Gentleman, in all seriousness, should look at the need to build new energy generation in this country—we are going to have a 50% rise in electricity demand by 2035, and we have to build something. If he wants to build a whole fleet of new gas-fired power stations, he can decide to do that, but the figures we have published today show the costs of that, and those power stations would be more expensive to build and operate than the offshore wind that we have announced today.

[Graeme Downie (Dunfermline and Dollar) (Lab)]

I welcome the Secretary of State’s statement. In particular, the Government are delivering for Scotland once again with more renewable energy investment. He also talked, rightly, about Vladimir Putin’s actions in Ukraine and why they have had a direct impact on ordinary people in this country, who we must protect now and in the future. We must protect both these new projects and existing infrastructure from outside attacks, so can the Secretary of State say a little bit more about how he is ensuring that as much as possible of the technology for these excellent projects will be made in the UK, and how he will protect them, as well as existing infrastructure, from foreign actors?

Oral Answers to Questions

Debate between Graeme Downie and Ed Miliband

Tuesday 17th December 2024 Commons Chamber

[Ed Miliband]

My hon. Friend makes his point with customary eloquence. I know from personal experience that there were people who were waiting for the injustice to be remedied but unfortunately died before that happened. He refers to part of the issue raised by the Business, Energy and Industrial Strategy Committee, as it then was, about 50:50 surplus sharing. I know my hon. Friend the Minister for Industry is looking at that.

[Graeme Downie]

Correcting the injustice in the mineworkers’ pension scheme has made an incredible difference to the former miners in my constituency of Dunfermline and Dollar after so many years. At the weekend, I met representatives from the BCSSS in Fife, including the men and women who are particularly affected by that scheme and the women who worked in the canteens and other areas, who feel that they have been left behind by the changes to the MPS. Will the Secretary of State meet campaigners in Fife and across Scotland regarding this issue, and will he ensure that he makes progress as quickly as possible to correct the injustice that those people have suffered as well?

[Ed Miliband]

I know from my constituency that there is a strong feeling about the BCSSS. That is why my hon. Friend the Minister for Industry has moved at speed to meet the trustees. The schemes are not exactly the same in some of their arrangements, but my hon. Friend the Member for Dunfermline and (Graeme Downie) is right to say that there is certainly a read-across from some of the injustices in the MPS, and I know that the Minister for Industry is looking at that.