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1,475 recent contributions in Hansard
HANSARDGreat British Energy BillI do not think so. Clearly, there is a statutory requirement. All I was saying is that our experience in my department is that the bodies that have a similar discipline have…15 Jan 2025HANSARDGreat British Energy BillWe certainly got the noble Lord’s point. This has been an interesting debate with which to finish today’s proceedings. I start with Amendments 106, 107 and 115. The debate between…15 Jan 2025HANSARDGreat British Energy BillBut we are coming to that.15 Jan 2025HANSARDGreat British Energy BillMy Lords, I do not want to intervene constantly, but I think noble Lords will be awash with information about GBE, its performance and activities.15 Jan 2025HANSARDGreat British Energy BillMy Lords, of course, that is a fair point but, equally, I would say, as a Minister accountable to Parliament, that the opportunity for noble Lords to ask questions and take part…15 Jan 2025HANSARDGreat British Energy BillPerhaps I may intervene. In the discussion on the first group of amendments, I promised to write a letter to noble Lords focused on financial information. It might reassure noble…15 Jan 2025HANSARDGreat British Energy BillMy Lords, this has been a very interesting debate and I am grateful to noble Lords for what they have said. I will start with Amendment 102, tabled by the noble Earl, Lord…15 Jan 2025HANSARDGreat British Energy BillI am not sure that you can legislate for this. I understand what he says, because as Ministers, we have relationships with a number of key bodies at the moment. We have formal…15 Jan 2025HANSARDGreat British Energy BillMy Lords, I am going to have to take advice on that as I do not have the information. However, if there are regulations which apply to companies, GBE will be expected to comply,…15 Jan 2025HANSARDGreat British Energy BillMy Lords, I am grateful to the noble Baroness, Lady Noakes, and the noble Lord, Lord Vaux, who spoke in her absence. As the noble Baroness raised earlier on in our debates, her…15 Jan 2025HANSARDGreat British Energy BillMy Lords, I am grateful to the noble Lord, Lord Frost, for initiating the debate on his Amendment 98, where he proposes to place a number of requirements on the role of the chair…15 Jan 2025HANSARDGreat British Energy BillMy Lords, I am grateful to noble Lords who spoke in this debate, both today and in our deliberations on Monday. It seems quite a long time ago since then, and I am looking forward…15 Jan 2025HANSARDGreat British Energy BillI am not sure that I can answer that point in detail. The impact assessment is built around the legislation, rather than the future activities of GBE. May I take that specific…15 Jan 2025HANSARDGreat British Energy BillMy Lords, I think I said by implication that I consider those matters that I would expect the company to report on.15 Jan 2025HANSARDGreat British Energy BillMy Lords, as I said, I think we have acted properly with the impact assessment, which is based on the Bill. GBE has yet to commence its work. I have said that I will write to…15 Jan 2025HANSARDGreat British Energy BillMy Lords, by implication, we would expect the organisation to be as transparent as possible and to cover the sort of areas that the noble Lord mentioned. It is also fair to say…15 Jan 2025HANSARDGas Storage LevelsMy Lords, I was present during the debate on Thursday on the Select Committee’s excellent report on this very subject. I refer my friend the noble Baroness to the action plan that…14 Jan 2025HANSARDGas Storage LevelsThat is right. NESO manages this with an operating margin, made up of the operating reserve—1,400 megawatts, which it always keeps in reserve. There is a contingency reserve of an…14 Jan 2025HANSARDGas Storage LevelsThat is a very wide question, and it is of course a matter that we should always keep under review. It is a situation that has existed for some time and which we inherited from…14 Jan 2025HANSARDGas Storage LevelsFor a very long time, we have taken supplies from Norway. It is surely a great advantage of our system that we can look to a diversity of supply. The North Sea supply has been…14 Jan 2025