Great British Energy Bill Debate
Full Debate: Read Full DebateDepartment: Department for Energy Security & Net Zero
Polly Billington
Main Page: Polly Billington (Labour - East Thanet)Department Debates - View all Polly Billington's debates with the Department for Energy Security & Net Zero
Great British Energy Bill
Polly Billington ExcerptsThursday 5th September 2024
(3 months, 2 weeks ago)
Commons ChamberRead Full debate Great British Energy Bill 2024-26 View all Great British Energy Bill 2024-26 Debates Read Hansard Text Read Debate Ministerial Extracts
Claire Coutinho
This is really important, because we are talking about taxpayers’ money. Those were small-time projects with budgets in the tens of millions, but the Secretary of State is asking for a budget of billions of pounds with no plans. He mentioned a couple of companies in his speech, including EDF, which made a loss of €17 billion in 2022, and Ørsted, which made a loss of €2.7 billion in 2023, so I think it is right that we ask some of these questions.
Ms Polly Billington (East Thanet) (Lab)
The right hon. Lady mentions Robin Hood Energy and other local energy companies that were in fact supply companies. We are talking about a Great British Energy company that will be generating energy. She simply does not understand that. She is making a mistake about our plans, and failing to understand what is actually going on. She is suggesting that something is going to happen that is not going to happen.
Claire Coutinho
If the hon. Lady would bravely like to say that the company will generate energy, I am sure that she would like to tell us how much, because no one else seems able to.