← Back to House of Commons Debates

Energy Update

05 September 2022

Lead MP

Greg Hands

Debate Type

Ministerial Statement

Tags

UkraineEconomyTaxationClimateEnergy
Other Contributors: 47

At a Glance

Greg Hands raised concerns about energy update in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Government Statement

UkraineEconomyTaxationClimateEnergy
Government Statement
The Government recognises the severe concern among households and businesses due to high energy costs, exacerbated by Vladimir Putin's invasion of Ukraine. Ofgem has raised the default tariff cap level from £1,971 to £3,549 for a typical household as of October 1st. This represents an increase of about £1,600 annually compared to current levels and around £2,300 above last winter's prices. The Government has introduced a £37 billion package aimed at supporting those most affected by these price hikes, including a £400 energy bill support scheme for around 29 million households. Additional targeted measures include payments of £650 to over 8 million households on means-tested benefits and a £150 disability cost-of-living payment for six million households receiving disability support. The Government is also investing heavily in renewable energy, with plans to increase nuclear power capacity through projects like Sizewell C, which could supply electricity to six million homes. The Government has launched Great British Nuclear and is considering measures such as increasing the renewable obligation exemption to 100%.

Shadow Comment

Alan Whitehead
Shadow Comment
The Labour Party criticises the Minister's statement for being vague and complacent. The shadow minister calls for urgent action, including a freeze on energy prices paid for by an additional windfall tax on oil and gas companies making record profits during this crisis. He also emphasises the need for long-term solutions such as a national clean energy sprint for renewables and a comprehensive home insulation programme to insulate 19 million homes. The shadow minister questions why the Government has not removed its ban on onshore wind, which could provide more renewable sources of power, and calls for immediate decoupling of electricity prices from gas prices.
Assessment & feedback
Summary accuracy

About House of Commons Debates

House of Commons debates take place in the main chamber of the House of Commons. These debates cover a wide range of topics including government policy, legislation, and current affairs. MPs from all parties can participate, question ministers, and hold the government accountable for its decisions.