Energy: Gas Storage

Lord Jenkin of Roding Excerpts

Thursday 28th November 2013 Lords Chamber

[Lord Jenkin of Roding (Con)]

My Lords, does my noble friend accept that the real case for more gas storage is to protect this country from spikes in the world gas price?

[Baroness Verma]

Indeed, my noble friend raises a very important question. That is why, through the Energy Bill, we have tried to ensure that we support home-grown energy. We need a mix of energy and we need it to come from various sources. That is the only way we will be able to tackle what we see as increasingly global prices.