Domestic Gas and Electricity (Tariff Cap) Bill (Third sitting) - 15th March 2018

Here are the climate-related sections of speeches by MPs during the Commons debate Domestic Gas and Electricity (Tariff Cap) Bill (Third sitting).

Full text: https://hansard.parliament.uk/Commons/2018-03-15/debates/A86F4DEE-02E9-4551-B8BA-8151512AE268/DomesticGasandElectricityTariffCapBillThirdsitting

11:32 The Minister for Energy and Clean Growth (Claire Perry)

We have discussed incredibly exciting technological changes, such as the move to distributed energy, the increase in renewable energy and people’s ability almost to create their own energy network, which includes them, local businesses and other local energy consumers. New business models will also come into the sector. I was interested to hear the evidence of some of the more innovative new entrants about where they want to go with the market. They mentioned half-hourly settlement and payments to people who do not consume energy at certain times. There is an enormous range of adaptations, and of course smart metering will unlock even more.

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11:54 Caroline Flint

My hon. Friend is making an important point. To sum it up, the big six are both generators and retailers. The case is that they generate energy, sell it to themselves and then sell it on to us, without us really being clear about what the true price is. But does he agree that the advantage of a more transparent pool is for those independent generators to have a marketplace in which they can sell their energy, as well as those smaller retailers that would like to operate in a much more open and transparent way? I am glad to say that that was the policy when I was shadow Secretary of State for Energy and Climate Change. If, like other policy areas, it seems to be more popular these days, more strength to his elbow.

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