Results 1–20 of 33 for strike speaker:Greg Hands

Energy Update ( 5 Sep 2022)

Greg Hands: ...rectified that with the British energy security strategy, making sure that we get to 24GW of nuclear power by 2050. As for the cost of Hinkley Point C, the hon. Gentleman will find that the strike price, which was negotiated by the then Chancellor of the Exchequer, George Osborne, and by me, as Chief Secretary to the Treasury, compares very favourably with energy prices today. Finally, I...

New Pylons: East Anglia — [Graham Stringer in the Chair] (19 Jul 2022)

Greg Hands: ...includes the ambition for 50 GW of offshore wind by 2030. In the fourth contracts for difference auction earlier this month, five offshore wind projects totalling 7 GW won contracts at a record low strike price of £37.35 per megawatt-hour. To put that in perspective, on 7 July—the very same day as that result—the prevailing wholesale electricity day-ahead price was £230 per...

Written Answers — Department for Business, Energy and Industrial Strategy: Wind Power: Contracts ( 8 Mar 2022)

Greg Hands: The Contracts for Difference (CfD) scheme operates as a competitive auction where the strike price successful participants receive is based on the clearing price, which is a product of bid prices. It is for developers to consider a bid price that is sustainable for their project, based on their own, forward-looking assessment of their likely project costs and revenues, and projects are only...

Written Answers — Department for Business, Energy and Industrial Strategy: Consumers: Billing ( 7 Mar 2022)

Greg Hands: The Contracts for Difference (CfD) scheme operates as a competitive auction where the strike price successful participants receive is based on the clearing price, which is a product of bid prices. It is for developers to consider a bid price that is sustainable for their project, based on their own, forward-looking assessment of their likely project costs and revenues. Once projects begin...

Public Bill Committee: Nuclear Energy (Financing) Bill: New Clause 1 - Report on expected costs (25 Nov 2021)

Greg Hands: ...Secondly, going back to what I said earlier, we would expect that the RAB model would also lead to savings overall for the consumer over the life of the plant. The hon. Member then asked about the strike price reduction. Under the RAB model, it is not appropriate to talk about a strike price, because it is a fundamentally different financing construct, without a strike price, which is...

Public Bill Committee: Nuclear Energy (Financing) Bill: New Clause 1 - Report on expected costs (25 Nov 2021)

Greg Hands: ...of Hinkley, with learnings from the earlier part of the construction going into the later part. We expect those savings to go forward to Sizewell. However, I stress again that comparing a RAB model strike price with the strike price of a contract for difference is not appropriate. There is no strike price with a RAB model. By following this model and allowing the Secretary of State to lead...

Public Bill Committee: Nuclear Energy (Financing) Bill: New Clause 2 - Report on agreed strike rate (25 Nov 2021)

Greg Hands: ...to amend existing generation licences. Purely on language terms—important terms—we cannot accept the new clause. Secondly, the new clause proposes that the Secretary of State must report on any strike price agreed in relation to a project and provide further detail on that price. As I have already said, “strike price” is not an appropriate term because there is no strike price in a...

Public Bill Committee: Nuclear Energy (Financing) Bill: Clause 20 - Payments to electricity suppliers (23 Nov 2021)

Greg Hands: ...the best way to describe it. It depends on what the hon. Gentleman means by somebody holding on to funds, or indeed having a shortfall of funds, for “quite a long time”, but we always have to strike the balance between what is operationally straightforward and what prevents somebody from holding on to funds, or from having a shortfall of funds over a period of time. However, the...

Public Bill Committee: Nuclear Energy (Financing) Bill: Clause 4 - Expiry of designation (18 Nov 2021)

Greg Hands: ...the bottom of why the period should be five years rather than some other period. I am glad that the Opposition recognise the importance of the designation notice period and the fact that it should strike the right balance between providing enough time for the Government and the company to undertake all the processes necessary to inform a decision on licence modifications without leaving a...

Written Answers — Department for Business, Energy and Industrial Strategy: Renewable Energy: Finance (25 Oct 2021)

Greg Hands: Under the Contracts for Difference (CfD) scheme, a generator is paid the difference between the ‘strike price’ – a price for electricity reflecting the cost of investing in a particular low carbon technology – and the ‘reference price’ – a cost measure of the average GB market price for electricity. Generators have to pay back the difference to the Low Carbon Contracts Company...

Backbench Business: Climate Change Committee Progress Report 2021 — [Sir Christopher Chope in the Chair] (21 Oct 2021)

Greg Hands: ...out the UK’s huge success—in 2015, we emitted the lowest amount of CO2 per annum since 1859—and then he got Opposition Members a little bit excited with his reference to the 1926 general strike. I do not think my hon. Friend thought of the 1926 general strike as something we would wish to emulate, but I noted from interventions and comments made by Opposition Members that they...

Comprehensive and Progressive Agreement for Trans-Pacific Partnership (24 Jun 2021)

Greg Hands: ...for our accession is an important moment for Britain as an independent trading nation. It shows that, once again, major economies want to do more business with the UK and that it is possible to strike ambitious trade deals that go further than those negotiated by the EU. The CPTPP is a free trade area comprising 11 nations that account for 13% of global GDP, worth £9 trillion, with a...

Agricultural Exports from Australia: Tariffs (27 May 2021)

Greg Hands: ...in the world. The UK accounts for just 0.15% of Australian beef exports, and our analysis suggests that any increase in imports is more likely to displace food arriving from the EU. Any deal we strike will contain protections for our farmers, any liberalisation will be staged over time, and any agreement is likely to include safeguards to defend against import surges. Negotiators are now...

UK-Japan Comprehensive Economic Partnership Agreement (25 Nov 2020)

Greg Hands: ...UK’s future as an independent trading nation. It shows that economic powerhouses such as Japan—the world’s third largest economy—want ambitious deals with the UK and that it is possible to strike deals that go further and faster than the EU. It not only secures the benefits of the existing EU agreements, which many—and particularly the Opposition—said was impossible, but goes...

UK-Japan Comprehensive Economic Partnership Agreement (25 Nov 2020)

Greg Hands: ...—well, a quick check of Hansard revealed that he never supported any of those deals; in fact he actively opposed most of them. It has often been said that an independent UK would not be able to strike major trade deals, or that at the very least such deals would be bad and take years to conclude. But even in the midst of this terrible pandemic we have proven the naysayers wrong, as my...

Trade Deals and the NHS — [Graham Stringer in the Chair] (16 Nov 2020)

Greg Hands: ...services such as the NHS, which we all value and from which we all benefit, it is crucial that we have a strong economy. Now that we have left the EU, we find ourselves with a golden opportunity to strike free trade deals around the world, which will help to fuel our economic recovery from covid-19. In conclusion, the question is asked over and over again, but the answer is not going to...

Written Answers — Department for International Trade: Export Duties ( 9 Sep 2020)

Greg Hands: As an independent trading nation, the UK is looking to strike successful trade deals with partners worldwide. We are seeking trade deals which will benefit businesses across the UK by reducing tariffs and offering preferential treatment to UK exports. The Department for International Trade is currently negotiating with the US, Japan, Australia and New Zealand. We will use our voice as a...

Trade Bill: New Clause 5 - Disclosure of information by other authorities (20 Jul 2020)

Greg Hands: I will not give way just now. We are committed to additional scrutiny arrangements for any deal with Japan. We believe that the current sunset provisions in the Bill strike the right balance between flexibility for negotiators and the ability to keep agreements operable, and that they provide sufficient constraints and scrutiny to Parliament. The Government are aware that during the 2017-19...

Written Answers — Department for International Trade: Chemicals: Trade Agreements (28 Dec 2017)

Greg Hands: The UK is seeking to maintain a deep trading relationship with the EU while maximising our opportunity to strike ambitious trade deals with other global trading partners such as the USA. Access of particular UK sectors such as the chemical industry to European markets will be addressed in the future negotiations between the UK and the EU.

Written Answers — Department for International Trade: Trade Agreements (14 Mar 2017)

Greg Hands: ...ensure that no new barriers to living and doing business within our own Union are created. We will maintain the necessary standards and frameworks to empower the UK as an open, trading nation to strike the best deals around the world. On the basis of these principles, we will work with the devolved administrations on an approach to returning powers from the EU that works for the whole of...


1 2 > >>

Create an alert

Advanced search

Find this exact word or phrase

You can also do this from the main search box by putting exact words in quotes: like "cycling" or "hutton report"

By default, we show words related to your search term, like “cycle” and “cycles” in a search for cycling. Putting the word in quotes, like "cycling", will stop this.

Excluding these words

You can also do this from the main search box by putting a minus sign before words you don’t want: like hunting -fox

We also support a bunch of boolean search modifiers, like AND and NEAR, for precise searching.

Date range

to

You can give a start date, an end date, or both to restrict results to a particular date range. A missing end date implies the current date, and a missing start date implies the oldest date we have in the system. Dates can be entered in any format you wish, e.g. 3rd March 2007 or 17/10/1989

Person

Enter a name here to restrict results to contributions only by that person.

Section

Restrict results to a particular parliament or assembly that we cover (e.g. the Scottish Parliament), or a particular type of data within an institution, such as Commons Written Answers.

Column

If you know the actual Hansard column number of the information you are interested in (perhaps you’re looking up a paper reference), you can restrict results to that; you can also use column:123 in the main search box.