Public Ownership of the Energy System 2024-04-16

2024-04-16

TAGS
Response quality

Questions & Answers

Q1 Partial Answer
Nadia Whittome Lab
Nottingham East
Context
The question arises from a debate on whether public ownership of the energy sector could offer benefits.
Whether she has made an assessment of the potential merits of public ownership of the energy system. Despite disagreement, public ownership exists through offshore wind assets that are 45% owned by state-owned companies of countries like Denmark and Norway. Publicly owned energy companies can accelerate clean energy transition while creating jobs, reducing bills, and ensuring direct benefits to the public.
Properly regulated markets incentivise private capital investment in the energy sector for consumer benefit through market competition, driving efficiency and innovation. In Nottingham City Council's Robin Hood Energy case, chaired by a politician, it cost taxpayers £38 million.
Assessment & feedback
The merits of public ownership were not assessed; instead, emphasis was on private markets and an example was given that did not directly address the question.
Changed Subject To Robin Hood Energy Case
Response accuracy
Q2 Partial Answer
Nadia Whittome Lab
Nottingham East
Context
Following initial disagreement, the question focuses on examples of public ownership abroad and its potential benefits.
Despite the Minister's disagreement, public ownership exists in our energy system. For example, 45% of our offshore wind assets are publicly owned, just not by the UK—they belong to the state-owned companies of countries such as Denmark and Norway. Publicly owned energy companies can accelerate the transition to clean energy while creating jobs, reducing bills and ensuring that the public benefit directly from our common resources.
I thank the hon. Member. It is flattering: I am 48 hours into my role, and she would like to upgrade it so that I can personally be in charge of delivering energy companies. In Nottingham City Council's Robin Hood Energy case, chaired by a politician, it cost taxpayers £38 million.
Assessment & feedback
The benefits of public ownership were not addressed; the response changed to personal and local example without relevance to the question.
Personal Flattery Changed Subject
Response accuracy