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1,475 recent contributions in Hansard
HANSARDEnergy Grid ResilienceNo, my Lords, I am not aware of any investment, but I will double-check. I am very happy to discuss this with my noble friend. We should also mention nuclear fusion as having…06 May 2025HANSARDEnergy Grid ResilienceMy Lords, I totally agree with the noble Lord’s substantive point, and these matters are being discussed in government at the moment. On the use of farmland, he knows that if we…06 May 2025HANSARDEnergy Prices: Energy-intensive IndustriesMy Lords, the electricity market operates on the principle of marginal pricing, whereby the wholesale price of electricity is set by the last technology needed to meet overall…06 May 2025HANSARDEnergy Grid ResilienceMy Lords, interconnectors are very important for our energy security. As we move towards a low-carbon world, we will wish for that supply to be as low-carbon as possible. This…06 May 2025HANSARDEnergy Grid ResilienceMy Lords, in relation to SMRs, I agree with my noble friend that we need to get on with it. I hope and expect that we will have some decisions very soon. I hope that that will set…06 May 2025HANSARDEnergy Grid ResilienceYes, my Lords, we are. It is a very relevant point. Clearly, we are looking for a balanced energy mix for the future. We see nuclear as being an essential baseload. We will have…06 May 2025HANSARDEnergy Grid ResilienceMy Lords, I very much take my noble friend’s point; I will certainly take it on board and discuss it with colleagues. In relation to energy security, I have already said that we…06 May 2025HANSARDEnergy Prices: Energy-intensive IndustriesMy Lords, I am grateful to the noble Lord and thank him for the work he does on behalf of so many important industry companies. He will know that we are in discussion with…06 May 2025HANSARDEnergy Grid ResilienceMy noble friend is right about AI; that was one of the main points raised in the Tony Blair Institute report, which was raised earlier. We are giving long-duration energy storage…06 May 2025HANSARDEnergy Prices: Energy-intensive IndustriesMy Lords, we have to look at each country, and some subsidise business costs from the Exchequer. There is no easy way through here; one way or another, there are variations in…06 May 2025HANSARDClimate Change: ProgressMy Lords, if I may say so, that sounded like a very dogmatic question. The noble Lord would be forgiven for not thinking that, in government, his party passed legislation…06 May 2025HANSARDEnergy Grid ResilienceMy Lords, I do not have the exact figures, but I will certainly find them and send them to the noble Lord. Clearly, protecting the offshore infrastructure is a very important…06 May 2025HANSARDEnergy Grid ResilienceMy Lords, I thank both noble Lords for their comments, and I join them in expressing my sympathies for those affected. I am glad to hear that power has been fully restored across…06 May 2025HANSARDEnergy Prices: Energy-intensive IndustriesMy Lords, it is because of marginal pricing, whereby gas is the most predominant, and it tends to set the price. As my noble friend said, this system has operated for many years,…06 May 2025HANSARDClimate Change: ProgressMy Lords, I recognise the argument, but if every country that emitted the same emissions as the UK does took action, we would have a critical impact on reducing global greenhouse…06 May 2025HANSARDEnergy Grid ResilienceMy Lords, as I think I have already said, the security of our energy system is clearly critical. I take the point the noble and right reverend Lord raised about cybersecurity.…06 May 2025HANSARDEnergy Prices: Energy-intensive IndustriesMy Lords, I hesitate to answer the noble Baroness by saying “in due course”. Clearly, these matters are being discussed very fully in my department, and we want to reach a…06 May 2025HANSARDEnergy Prices: Energy-intensive IndustriesMy Lords, the noble Lord is of course right to refer to the energy supercharger: £470 million is being contributed towards helping companies which are major energy users.…06 May 2025HANSARDGreat British Energy BillThat this House do not insist on its Amendment 2, to which the Commons have disagreed for their Reason 2A, and do propose Amendment 2B in lieu—30 Apr 2025HANSARDGreat British Energy BillMy Lords, I thank the noble Lords, Lord Alton and Lord Offord, and the noble Earl, Lord Russell. I totally agree with the point that we have reached what I call a strong consensus…30 Apr 2025