Proceeding contribution from Lord Woolmer of Leeds (Labour) in the House of Lords on Thursday, 19 June 2008. It occurred during Debate on bill and Committee proceeding on Energy Bill.
Energy Bill
I raise the matter because, if the banding system is to be helpful to the market place, there needs to confidence about what governs reviews. My point is not so much about how often that would be, because I assume that would be indicated. The subsection says that it could trigger a review, "““when the Secretary of State is satisfied that one or more of the specified conditions is satisfied””—" with the specified conditions to be set out in an order. That implies that it is not necessarily at intervals of four or five years or related to the ETS; it implies that it is possible that a review would be carried out in between normal review periods. Is that the intention? Clearly the marketplace is likely to want to know what could trigger a review. If you have all kinds of investment plans and then find that the playing field changes in an unpredictable way, that would clearly not be very good.
Secondary information
- Type
- Proceeding contribution
- Reference
- 702 c461GC
- Session
- 2007-08
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Devolved matters Costs Biofuels Energy Electricity generation Electricity Grants Electric cables Northern Ireland Power stations Microgeneration Offshore industry Scotland Schools Wales Renewable energy Technology Research Wind power Territorial waters Carbon emissions Geothermal power Renewables obligation Drax Power
- Legislation
- Energy Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-16 02:26:36 +0000
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