Gas Prices and Energy Suppliers Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Stephanie Peacock
Main Page: Stephanie Peacock (Labour - Barnsley South)Department Debates - View all Stephanie Peacock's debates with the Department for Business, Energy and Industrial Strategy
Gas Prices and Energy Suppliers
Stephanie Peacock Excerpts(3 years, 2 months ago)
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Stephanie Peacock (Barnsley East) (Lab)
On Monday, the Secretary of State dismissed our lack of gas storage as “not…relevant”. It has clearly left us vulnerable, so will he now admit that the closure of the Rough storage facility was a mistake?
Kwasi Kwarteng
I do not think that it is relevant, because there is no way that any storage in the world will mitigate the effect of a quadrupling of the gas price in four months, as we have seen. The answer is actually getting more diverse sources of supply and electricity through non-carbon sources—through nuclear, on which I am still very unclear as to the Opposition’s view, and through other sources of decarbonised energy.