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UK Gas Market

20 September 2021

Lead MP

Kwasi Kwarteng

Debate Type

Ministerial Statement

Tags

ClimateEnergyBenefits & Welfare
Other Contributors: 46

At a Glance

Kwasi Kwarteng raised concerns about uk gas market 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

ClimateEnergyBenefits & Welfare
Government Statement
The Minister of State for Energy Security addressed the House on the UK gas market situation, emphasising that protecting consumers is the top priority. He assured that there is no risk of supply emergencies this winter and that Britain benefits from a diverse range of gas supply sources, with more than sufficient capacity to meet demand. The global rise in gas prices due to increased demand, particularly in Asia, coupled with reduced variety of supply globally, has put upward pressure on UK gas prices. He reassured the House about security of supply, highlighting the robustness of the Great British gas system and its ability to function effectively despite high wholesale prices. Additionally, he reiterated the Government's commitment to the energy price cap and other support measures for vulnerable customers. The minister also discussed efforts to secure CO2 supplies impacted by fertiliser plant closures due to high global gas prices.

Shadow Comment

Ed Miliband
Shadow Comment
The shadow Secretary of State questioned the Government's complacency regarding price and economic impacts, urging for more support measures for businesses facing difficulties. He highlighted concerns over the rise in the energy price cap pushing half a million families into fuel poverty and criticised the decision to cut universal credit. Miliband also raised issues around government decisions that contributed to current challenges, such as the closure of Rough gas storage facility and delays in retrofitting plans. He called for a comprehensive plan from Government addressing net zero goals with affordability and security.
Assessment & feedback
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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.