UK Gas Market Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Jamie Stone
Main Page: Jamie Stone (Liberal Democrat - Caithness, Sutherland and Easter Ross)Department Debates - View all Jamie Stone's debates with the Department for Business, Energy and Industrial Strategy
(3 years, 2 months ago)
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Kwasi Kwarteng
The issue of interconnectors is very important. There were clearly incidents with a couple of the interconnectors last week, so we need to guarantee that they are safe, but my hon. Friend is quite right to say that the 80 GW target is still very much something that we intend to achieve, and I am working with and speaking to Ofgem to be able to get there.
Jamie Stone (Caithness, Sutherland and Easter Ross) (LD)
As you know, Mr Speaker, this is a bit personal for me because the village of Altnaharra is the coldest place in the UK every year. With the cut to universal credit, far too many people are going to have to make the hellish choice between switching off the electricity and paying for food. Did I hear the Secretary of State correctly? Will he maintain the fuel price cap where it is at the moment? Secondly, will he look positively at a Northern Rock-type of enterprise to pick up the customers of those companies that, perish the thought, might go under?
Kwasi Kwarteng
There are two issues there. I have said that I have committed to the price cap mechanism, but it is not up to me as Secretary of State to determine what the level of the cap is. That is an issue for Ofgem. Secondly, we have made some progress on protecting customers and there is an ongoing need to do that, but I would be happy to speak to the hon. Gentleman and to discuss his ideas on this.