Here are the climate-related sections of speeches by MPs during the Commons debate Draft Electricity Trading (Development of Technical Procedures) (Day-Ahead Market Timeframe) Regulations 2021.
14:30 The Minister for Business, Energy and Clean Growth (Anne-Marie Trevelyan)
The trade and co-operation agreement that we secured with the EU requires that new and efficient cross-border electricity trading arrangements be developed between the connected UK and EU markets. The new arrangements were a key objective of the UK during the negotiations for the agreement. Efficient cross-border trade can lower bills for UK consumers and support our decarbonisation and security-of-supply objectives.
[Source]
Anne-Marie Trevelyan
The regulations will oblige our transmission systems operators to develop now and at pace new efficient cross-border electricity trading arrangements. As I said, those are really important to supporting our decarbonisation, our security-of-supply objectives and, crucially, to providing economic benefits to all our customers. The new regime should be operational by April 2020. That is quite a challenging deadline, but adherence to it will enable us to realise as early as possible those benefits to consumers of the arrangements. We are very minded that we have a clear set of deadlines to meet to help everyone to get to that point. On that basis, I recommend the draft regulations to the Committee.
[Source]