Oral Answers to Questions

Polly Billington Excerpts

Tuesday 6th January 2026 Commons Chamber

[Tom Collins (Worcester) (Lab)]

3. What estimate he has made of the cost of building new gas-fired power stations.

[Ms Polly Billington (East Thanet) (Lab)]

19. Whether he has made an estimate of the cost of building new gas-fired power stations.

[The Secretary of State for Energy Security and Net Zero (Ed Miliband)]

The 2023 generation costs report published under the previous Government shows the levelised cost of electricity to build and operate a new gas-fired power station to be significantly higher than the cost of onshore wind, solar and offshore wind in the most recent renewables auction round. Renewables are a cheaper technology to build and operate than new gas-fired power stations.

[Ed Miliband]

My hon. Friend asks an important question. In our 2030 clean power plan, we talk precisely about the importance of low-carbon dispatchable power as a way forward. I am really proud of what is happening with our carbon capture and storage plans and Net Zero Teesside. Additionally, it will be an important part of our forthcoming hydrogen strategy, as he says.

[Ms Billington]

Current global instability, from Ukraine to Venezuela, has shown the vital importance of having domestic energy security. Does the Secretary of State agree that investing in renewables will help with both security and cost, particularly because they are cheaper to build and operate, as well as providing us with vital energy security in an uncertain world?

[Ed Miliband]

My hon. Friend is right. The figures that came out from NESO over Christmas show that we had extra renewable power in 2025 equivalent to powering 2 million homes; that is 2 million homes that will not be powered by imported gas. That gives us the price stability that we never had under the previous Government. The fundamental lesson at a time of geopolitical instability is that home-grown clean power is what gives us the certainty we need.