William Bain
Main Page: William Bain (Labour - Glasgow North East)(11 years, 10 months ago)
Commons Chamber1. What recent discussions he has had with his EU counterparts on European electricity and gas markets.
The UK strongly supports the single energy market, which will bring benefits to the EU economy by increasing competitiveness and energy security. Last week, I met my Irish counterpart to sign a memorandum of understanding on exploring the scope for trading renewable energy. In November, I attended the first meeting of the North European energy dialogue to discuss the growth potential of energy infrastructure investment with ministerial colleagues from across northern Europe. I hope to host a follow-up meeting in London this year.
I am grateful to the Secretary of State. I would be even more grateful if he reminded his Conservative colleagues that we can shape the single market only by remaining a member state of the European Union. Does he agree with the Commission that getting member states back on track to complete the single energy market is critical as it will reduce bills for consumers across Europe by €100 a year, increase Europe’s growth rate by 0.8% of GDP and create 5 million jobs across the energy industries?
The hon. Gentleman is absolutely right. The single energy market is an important development for Europe and the UK. The coalition Government have been united in support of developments in the single energy market in Europe. It is in Britain’s interests and we will pursue it.