Gas Prices and Energy Suppliers Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Jim Shannon
Main Page: Jim Shannon (Democratic Unionist Party - Strangford)Department Debates - View all Jim Shannon's debates with the Department for Business, Energy and Industrial Strategy
Gas Prices and Energy Suppliers
Jim Shannon Excerpts(3 years, 3 months ago)
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Kwasi Kwarteng
We have been dealing with green deal cases on a case-by-case basis. I have not been informed of the specific details that the hon. Lady describes but, with my officials, I would be happy to meet her to discuss the particulars of this individual case.
Jim Shannon (Strangford) (DUP)
This is almost a perfect storm: gas prices that have risen due to the maintenance projects that were rescheduled for 2021 because of the pandemic; lower-than-usual gas supply from Russia; and less liquefied natural gas reaching Europe because of increased deliveries to Asia. How can the Government assist when most of these factors are beyond our control? Is it realistic to hope that consumers will see a reduction in their bills within the next year?
Kwasi Kwarteng
The hon. Gentleman has given a pithy summary of the various causes of the energy price spike, one that is very realistic; it is a global phenomenon. What I have said repeatedly is that what the Government can do is ensure two things: that customers have continuity of supply, through the well-established SOLR process; and that we are resolutely focused on keeping the energy price cap, so that consumers—our constituents—are protected from those exorbitant price spikes.