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Proceeding contribution from Chris Huhne (Liberal Democrat) in the House of Commons on Wednesday, 11 January 2012. It occurred during Opposition day on Energy Prices.


Energy Prices

I am grateful to the hon. Gentleman for his question. Shale gas is potentially an exciting development that could bring enormous prosperity to the parts of the country where it has been found, such as Lancashire. Provided that all the environmental safeguards are properly in place, it presents the opportunity to reduce the cost of gas. Of course, for the same calorific value, gas is about half as polluting in carbon terms as coal. Used with carbon capture and storage, it may be a long-term source of electricity generation. We are looking closely at this issue. We have been in contact with Cuadrilla, the energy company that has been involved in exploration in Lancashire. I hope that we will be able to make progress. Crucially, we must learn the lessons from the mistakes that were made in the United States. I do not want to see water tables contaminated; nor do I want the industry to be exempted from the provisions for clean water, which is what happened in the United States. There will be a different regulatory environment. In that context, I am sure that we can see success. As so many people want to speak, I will curtail the remarks that I was going to make about our work with Ofgem. I will simply say again that we are considering giving Ofgem powers to order companies to provide redress to consumers who lose out as a result of a company's regulatory breach. As a result of our implementation of the EU's third energy package, companies are no longer able to block action by the energy regulator, Ofgem, by forcing it to seek a second opinion from the Competition Commission. We are determined to be on the side of the consumer in ensuring that the market is as competitive as we can make it. We are doing everything that we can to help households with their energy bills this winter. On tariffs, bills and insulation, we are making it easier for people to save money and energy. We are taking action to help the most vulnerable households cope with rising bills and inefficient properties, and from the green deal to the reform of the electricity market we are making the right long-term decisions to ensure warm homes and affordable, secure energy for the future.


Secondary information

Type
Proceeding contribution
Reference
538 c267 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Conservation Housing Energy Electricity Fuel poverty Insulation Warm front scheme Natural gas Meters Prices Renewable energy Winter fuel payment Feed-in tariffs Warm home discount scheme Green deal scheme
Link
View this Proceeding contribution on www.publications.parliament.uk