Energy Security Strategy

Mark Pawsey Excerpts
Tuesday 19th April 2022

(2 years, 8 months ago)

Commons Chamber
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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We have done more than many in driving onshore wind. The hon. Lady will know that we suspended the pot 1 auction and have brought it back, that we have more onshore wind than pretty much any other country in northern Europe, and that we continue aggressively and passionately to promote onshore wind.

Mark Pawsey Portrait Mark Pawsey (Rugby) (Con)
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The retail energy market saw the big six suppliers increase to 90. Several were granted licences despite being undercapitalised, which caused them to fail and placed a burden on all consumers. We know that competition in the market is vital; what steps will the Secretary of State will be taking to make it effective?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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In partnership with Ofgem, we have discussed trying to secure a much more resilient energy retail market, with financial covenants involving much more financial discipline and financial disclosure, as well as other ways in which we can ensure that what happened last winter does not happen again.