Energy Price Cap

Part of the debate – in the House of Commons at 3:36 pm on 3rd July 2017.

Alert me about debates like this

Photo of Greg Clark Greg Clark The Secretary of State for Business, Energy and Industrial Strategy 3:36 pm, 3rd July 2017

The hon. Gentleman talks about energy strategy, and it is right that the Government have taken a decision—this was ducked by previous Governments for decades—to renew our nuclear power stations that are coming to the end of their lives. He will know that the SNP Government in Scotland agreed to extend the lives of nuclear power stations there, and he will also know about the impact of our success on renewable energy, specifically offshore wind, in Scotland. I have had fruitful discussions with colleagues throughout Scotland, especially in the remote islands, about the future possibilities for that.

On Ofgem’s response to my letter, I have set out clearly that it has said it will work with and consult consumer groups, and come up with a range of options. The £1.4 billion detriment has to be eradicated, and that is the test of whether the proposals are acceptable. I am sure that the House wants to scrutinise them as much as I do.