Contracts for Difference

Oliver Ryan Excerpts

Tuesday 3rd September 2024 Commons Chamber

[Ed Miliband]

I thought that the hon. Gentleman’s party supported a publicly owned energy company, but I may be wrong about that. I can absolutely say that this is the way to deliver lower bills for his constituents. [Hon. Members: “When?”] Members can shout all they like—I know that this is hard for the hon. Gentleman—but the reality they must face is this: does he believe that a continuing reliance on fossil fuels, and this country saying no to renewables, which I think is their position, will give us energy security? The truth is it will not. [Interruption.] The hon. Gentleman says that he agrees with me; well, I look forward to him supporting our clean energy superpower mission.

[Oliver Ryan (Burnley) (Lab/Co-op)]

I welcome this phenomenal, record-breaking achievement from the Secretary of State, which represents a significant milestone towards clean power by 2030. Let us see more projects in Burnley. Does he agree that the best way to protect my constituents’ energy bills from price shocks, and the patriotic thing to do, is to ensure our nation’s energy security through home-grown clean power? That will lower energy bills and give tyrants like Putin a bloody nose at the same time.

[Ed Miliband]

I agree 100%. The notion that our exposure to fossil fuels as a country gives us security is belied by what has happened over the last few years; as the Prime Minister often says, it means that Putin’s boot is on our throat. My hon. Friend talks about this patriotic mission, and he is completely right. Other parties in this House have a decision to make on Thursday: will they support the Great British Energy Bill? We have public ownership of our energy system in Britain—foreign public ownership, by state-owned companies from abroad. We welcome that investment, but we also want British public ownership. I very much hope that other parties will learn the lessons of their election defeat and support our Bill on Thursday.