In her speech, the right hon. Member for Don Valley (Caroline Flint) was asked two questions. First, she was asked whether she had heard from energy companies saying that they were more likely to invest as a result of Labour policies, but she did not answer. She was also asked...

In her speech, the right hon. Member for Don Valley (Caroline Flint) was asked two questions. First, she was asked whether she had heard from energy companies saying that they were more likely to invest as a result of Labour policies, but she did not answer. She was also asked...

Will the right hon. Lady give way?

Will the right hon. Lady give way?

Can the right hon. Lady name a single international investor who says that they are more likely to invest the billions of pounds we need in our energy infrastructure as a result of the policies that she is following? I know many who say they are less likely to invest,...

Can the right hon. Lady name a single international investor who says that they are more likely to invest the billions of pounds we need in our energy infrastructure as a result of the policies that she is following? I know many who say they are less likely to invest,...

I completely agree with my right hon. Friend on the need for consensus. Does he agree that one of the outcomes of the consensus that there had been until recently was very low political risk when investing in the energy infrastructure of this country? As a direct result of what...

I completely agree with my right hon. Friend on the need for consensus. Does he agree that one of the outcomes of the consensus that there had been until recently was very low political risk when investing in the energy infrastructure of this country? As a direct result of what...

I put on the record my entry in the Register of Members’ Financial Interests, including my presidency of National Energy Action, the country’s leading fuel poverty charity.

Anybody listening to the speech from the right hon. Member for Don Valley (Caroline Flint) will have been oblivious to the fact that this...

I put on the record my entry in the Register of Members’ Financial Interests, including my presidency of National Energy Action, the country’s leading fuel poverty charity.

Anybody listening to the speech from the right hon. Member for Don Valley (Caroline Flint) will have been oblivious to the fact that this...

I will not get involved in the private discussion between the Labour party and the Scottish National party, which seems to be creeping into this debate, but it is a matter of regret that new nuclear power plant will not be built in Scotland as well as England.

Without the necessary...

I will not get involved in the private discussion between the Labour party and the Scottish National party, which seems to be creeping into this debate, but it is a matter of regret that new nuclear power plant will not be built in Scotland as well as England.

Without the necessary...

That did happen, but it is actually worse than that, because to deliver the £100 billion-plus we need invested in our low-carbon sector, the companies investing need to borrow money, and the greater the political risk, the higher the interest on that

borrowing. If the cost of borrowing increases by...

That did happen, but it is actually worse than that, because to deliver the £100 billion-plus we need invested in our low-carbon sector, the companies investing need to borrow money, and the greater the political risk, the higher the interest on that

borrowing. If the cost of borrowing increases by...

I will not, because we are all on a strict time limit.

Some of the projects that Labour says it cares about most will be hardest hit. Low-carbon projects are lumpier and require more investment upfront and so are most difficult to finance. I am talking about nuclear projects, renewables projects...

I will not, because we are all on a strict time limit.

Some of the projects that Labour says it cares about most will be hardest hit. Low-carbon projects are lumpier and require more investment upfront and so are most difficult to finance. I am talking about nuclear projects, renewables projects...

I will not. I know the hon. Gentleman’s enthusiasm for nuclear, and I want that nuclear power station built on Anglesey almost as much as he does. I care very strongly about that.

If we are to get the necessary investment, we must make a compelling case for why companies should...

I will not. I know the hon. Gentleman’s enthusiasm for nuclear, and I want that nuclear power station built on Anglesey almost as much as he does. I care very strongly about that.

If we are to get the necessary investment, we must make a compelling case for why companies should...

Does my right hon. Friend agree that some of the levies on energy bills are particularly regressive, such as the energy company obligation and feed-in tariffs? People on low incomes still pay the charges, but it is often people who have much higher incomes who get the benefits. Will the...

Does my right hon. Friend agree that some of the levies on energy bills are particularly regressive, such as the energy company obligation and feed-in tariffs? People on low incomes still pay the charges, but it is often people who have much higher incomes who get the benefits. Will the...

I congratulate my right hon. Friend and his colleagues and officials on this historic and incredibly important achievement. Taken together with the more than doubling of renewable electricity generation in this country since 2010 and the huge interest in developing carbon capture and storage, does this nuclear renaissance not show...

I congratulate my right hon. Friend and his colleagues and officials on this historic and incredibly important achievement. Taken together with the more than doubling of renewable electricity generation in this country since 2010 and the huge interest in developing carbon capture and storage, does this nuclear renaissance not show...

Does the hon. Gentleman therefore regret the years from 1997 to 2007 when nuclear was off the agenda completely, and would we be in a better position if nuclear had been able to advance during that period?

Does the hon. Gentleman therefore regret the years from 1997 to 2007 when nuclear was off the agenda completely, and would we be in a better position if nuclear had been able to advance during that period?

To ask the Secretary of State for Energy and Climate Change what assessment his Department has made of the effect of electricity market reforms on competition in the energy retail market.

[118420]

To ask the Secretary of State for Energy and Climate Change what assessment his Department has made of the effect of electricity market reforms on competition in the energy retail market.

[118420]

To ask the Secretary of State for Energy and Climate Change what representations he has received from energy companies on the likely increase in costs to non-domestic energy customers arising from the prohibition of roll-over contracts.

[118120]

To ask the Secretary of State for Energy and Climate Change what representations he has received from energy companies on the likely increase in costs to non-domestic energy customers arising from the prohibition of roll-over contracts.

[118120]

To ask the Secretary of State for Energy and Climate Change what estimate he has made of the proportion of households likely to be net (a) gainers and (b) losers under current energy policies in 2020.

[117653]

To ask the Secretary of State for Energy and Climate Change what estimate he has made of the proportion of households likely to be net (a) gainers and (b) losers under current energy policies in 2020.

[117653]

To ask the Secretary of State for Energy and Climate Change what estimate he has made of the cost of domestic fuel bills at constant prices in (a) 2012, (b) 2013, (c) 2014, (d) 2015 and (e) 2016.

[117654]

To ask the Secretary of State for Energy and Climate Change what estimate he has made of the cost of domestic fuel bills at constant prices in (a) 2012, (b) 2013, (c) 2014, (d) 2015 and (e) 2016.

[117654]

To ask the Secretary of State for Energy and Climate Change what plans he has to reform the differential cost of electricity rates between English regions; and if he will make a statement.

[117922]

To ask the Secretary of State for Energy and Climate Change what plans he has to reform the differential cost of electricity rates between English regions; and if he will make a statement.

[117922]

To ask the Secretary of State for Energy and Climate Change if he will publish an index of (a) domestic energy prices, (b) domestic gas prices and (c) domestic electricity prices for each year since 2007.

[116868]

To ask the Secretary of State for Energy and Climate Change if he will publish an index of (a) domestic energy prices, (b) domestic gas prices and (c) domestic electricity prices for each year since 2007.

[116868]

DECC publishes low, central and high projections for long-term trends in world oil and gas prices. In 2011 prices, our central scenario is for oil to rise to $130 per barrel by 2030 and for gas to rise to a high of over 80p per therm in the middle of this decade, before falling back to settle at about 70p per therm.

DECC publishes low, central and high projections for long-term trends in world oil and gas prices. In 2011 prices, our central scenario is for oil to rise to $130 per barrel by 2030 and for gas to rise to a high of over 80p per therm in the middle of this decade, before falling back to settle at about 70p per therm.

We are already seeing some decoupling. We have seen a decoupling of the oil price from the gas price. We are expecting to see that gas will be an important source of generation in its own right, but that it will also have a very important future in providing back-up to renewable generation, which will inevitably be intermittent in most areas.

We are already seeing some decoupling. We have seen a decoupling of the oil price from the gas price. We are expecting to see that gas will be an important source of generation in its own right, but that it will also have a very important future in providing back-up to renewable generation, which will inevitably be intermittent in most areas.