Pippa Heylings
MP for South Cambridgeshire · Liberal Democrat · United Kingdom
“Residents, local leaders and businesses in South Cambridgeshire have been left in limbo by the last-minute announcement that the Government cannot yet determine the optimal option for Cambridgeshire’s local government reorganisation.”
“Preparing for increasing climate impacts must be seen as an issue of national security and resilience. The Liberal Democrats are calling for adequate cooling to be installed in all NHS hospitals, care homes and schools in high-risk areas in the next five years, and for work with local authorities and mayors to create a network of air-cond…”
“Those are just statistics, but like others I have heard stories of children struggling to learn in overheated classrooms, older people becoming dangerously ill in care homes, critical incidents in our hospitals, farmers facing drought and water shortages, and communities and wildlife under threat from wildfires, yet despite these growing…”
“It is an honour to serve under your chairship, Sir Christopher. I congratulate the hon. Member for Waveney Valley (Adrian Ramsay) on securing this timely debate. As Britain experiences yet another summer of extreme heat, we cannot ignore the fact that the UK was built for a climate that no longer exists, as we have heard from all hon.”
“Just before the debate, we hosted a solar-powered ice cream van from the constituency of my hon. Friend the Member for Tiverton and Minehead (Rachel Gilmour) in Speaker’s Court . Given the heat, it was very nourishing, and it was lovely that the Doorkeepers and those who work with Mr Speaker were able to come out and have some.”
“That is the message of the multiple people’s emergency briefings that the South Cambridgeshire climate and nature group arranged across my constituency and which I have attended, and which have happened across the country. Does the Minister support the call for a Government-backed, televised national emergency briefing?”
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“Oil and gas prices have a long history of spiking and damaging our economy. The UK was among those countries in western Europe worst hit by the price shock following Russia’s invasion of Ukraine in 2022. As long as we remain tied to volatile international fossil fuel markets, dictators and foreign wars will have a grip on our economy and on the pockets of families and pensioners across this country. Surely it is time to wake up to that reality and learn the lessons of the past. That is why we Liberal Democrats welcome the Government bringing forward a Bill on energy independence. We will scrutinise it carefully to ensure that it contains not only the urgent and ambitious measures necessary to bring down energy bills and ensure energy security, but a fair, managed and prosperous transition to clean energy.”
“Nor is the answer fracking, which some are calling for; it destroys our countryside and pollutes our waterways. We will push for a complete ban on fracking and complete clarity on closing all the loopholes. We need a secure energy mix, and that includes nuclear; we believe that small modular reactors have great potential to strengthen energy security alongside renewables. Oil and gas will also be part of that energy mix for decades to come, but we must recognise the need for a fair and managed energy transition, given that our remaining reserves are in decline. Communities cannot be left behind. We urge the Government to establish a just transition commission, to future-proof supply chain jobs, and to enable the retention of our brilliant, skilled oil and gas workers in high-quality jobs in renewables and other sectors.”
“The UK and the EU have deeply interconnected energy systems, but the damaging Brexit deal has meant a huge increase in energy costs. Our future lies in ever closer energy ties to our nearest neighbours, and this Government need to drop their red lines on Europe. Rejoining the EU’s internal electricity market and linking our emissions trading schemes will reduce costs and strengthen resilience. My right hon. Friend the Member for Kingston and Surbiton (Ed Davey) was right to say that “it is simply fantasy and fabrication for some in this House to pretend that there is a solution in the North sea” —[ Official Report , 13 May 2026; Vol. 786, c. 31.] to people’s high energy bills. Even when North sea production was at its peak nearly 30 years ago, the UK was still exposed to global price shocks, because we have been price takers.”
“It is also crazy that consumers are paying billions to switch off our wind turbines when the grid cannot cope with surplus renewable generation. That is why I welcomed the recent steps taken to begin breaking the link between gas and electricity prices, a reform that the Liberal Democrats have long called for. However, we urge the Government to go further and faster in their Bill: moving unfair policy levies off electricity bills, providing a progressive social energy tariff for those unable to absorb repeated bill shocks, upgrading grid infrastructure and ensuring that customers benefit directly from cheaper renewable power through flexibility when there is surplus renewable generation. Yes, we need energy independence, but that does not mean isolation.”
“Liberal Democrats would go further and faster, helping to protect frontline budgets for our schools and hospitals. Families, too, want to do the right thing; there has been a record increase in sales of solar panels and heat pumps since the start of the war in Iran. We must build on that momentum and help households and small businesses to take back control of their bills, giving them access to zero-interest or low-interest loans for upgrading properties by establishing an energy security bank to support electrification. At the same time we need to fix the broken energy market. It remains absurd that electricity is still priced so highly compared with gas, meaning that people are often not rewarded for electrifying their homes and businesses.”
“The transition must be done with those communities, not to them. I also welcomed the adoption of the New Homes (Solar Generation) Bill, or sunshine Bill, introduced by my hon. Friend the Member for Cheltenham (Max Wilkinson), which requires solar panels on all new homes—but why wait until 2027, and why not go further? We Liberal Democrats want to see solar on new warehouses and car parks, turning rooftops across the country into sources of clean, affordable power. We also want to see solar panels on schools and hospitals. Since 2019, energy bills for schools and the NHS have more than doubled, forcing impossible choices between heating and healthcare or between bills and books. The current Government investment reaches less than 1% of schools.”
“I definitely welcome that; as the hon. Gentleman will hear later in my speech, we want to go even further. As we know, it is Liberal Democrats who fix people’s church roofs and put the solar panels on them. For too long, the pace of change has been too slow. It has left people and businesses trapped, at the mercy of a broken energy system that they are literally paying the price for. It is time to take back control of our energy future, and that starts with our communities. In the last Session of Parliament, I welcomed the Government agreeing with our calls to include community energy and community benefits in the Great British Energy Act 2025. Now communities must be given the right to sell and buy energy locally, and we must mandate community benefit requirements where communities host renewable infrastructure.”
“Research has shown that the hundreds of new oil and gas licences awarded by the Government between 2010 and 2024 have resulted in only about 36 days’ worth of extra gas. We need to look at the jobs that people can move into. I think there were 75,000 jobs lost without any outcry from the previous Government. We are looking at a just energy transition that helps those high-skilled workers into jobs.”
“We need to promote nature-based approaches to capture carbon as well as adapting. We have to work on storing water, regenerating our soil, cooling buildings and protecting people’s homes from becoming uninsurable. A secure future for our country depends on our energy independence, on restored nature and resilient communities, and on meeting our responsibility to our children and young people for a healthier future for generations to come.”
“No one wants ravaging wildfires ripping through our most treasured woodlands and national parks. As the Government-suppressed assessment on global biodiversity loss, ecosystem collapse and national security laid bare, the destruction of nature threatens the UK’s resilience, prosperity and national security. People want to know the truth. In my constituency and across the country, people’s emergency briefings are happening. People are taking control. They want to know and to be better prepared. That is why we must also look to prepare for the climate shocks that we cannot avoid. We reject the Government’s false dichotomy between climate and nature, where they say that nature is a blocker to growth. We have to be better prepared. We have to overcome the silos between energy, climate and nature.”
“I will keep going. Proponents of prolonged over-reliance on fossil fuels often ignore the costs of inaction. There is an overwhelming scientific consensus that transitioning away from fossil fuels is essential to our efforts to tackle climate change. Communities around the country are already feeling the impacts and costs of extreme weather events. My South Cambridgeshire constituency is one of the most water-stressed in the country; last month, we saw 5% of the average rainfall, and we are feeling it. Floods and droughts have battered farmers across the country—they are reeling from the worst harvest on record, which will lead to problems with food security and put up our food prices. One avoidable death is one too many for the elderly and vulnerable during recurrent heatwaves.”
“We welcome the Government’s announcement on cutting the link between wholesale gas and electricity prices, which will help to shield families across the UK from volatile fossil fuel prices. They are using the very measure that the Liberal Democrats proposed more than a year ago. It is now time to go further and faster to fix a broken energy market that results in households and businesses that are powered by solar and wind not having cheaper energy bills, and even having to pay on their energy bills to turn off wind farms in British waters. I have written to the Chancellor and the Secretary of State for Energy Security and Net Zero. Will the Chancellor meet me to discuss our proposals to accelerate reforms, bring down energy bills and secure our energy supply?”
“Will he also look at the regulation we probably need on improved data sharing, so we can ensure that this help reaches those who need it most? As many have said today, the long-term solution is not to leave rural households on the rollercoaster of volatile fossil fuels. We need to increase the transition to home-grown clean energy, insulate homes and ensure that the warm homes plan works for rural and off-grid homes.”
“As I have mentioned repeatedly to Ministers—and as highlighted by research from Energy UK—improved data sharing from Government Departments—that goes beyond the Department for Work and Pensions—is critical for the funds to be fair and effectively target and reach those who really need them. We need to look closely at price gouging and at whether this unregulated market for heating oil is fit for purpose in serving and protecting rural households. Will the Minister respond to our Liberal Democrat proposal for a three-month zero rating of VAT on heating oil; for a better regulated sector, with a proper price cap that shields households not only on heating oil but on LPG; and for improved consumer protection?”
“I was the first to demand directly of the Chancellor, when I talked to her in the Chamber, that she not leave households exposed once again, as they were in 2022. Her response was that public money would not be spent and that she would focus exclusively on price gouging and complaints to the Competition and Markets Authority. As Liberal Democrats, while we welcomed the Government’s U-turn to channel £53 million of funding through the newly launched crisis and resilience fund through county councils—Cambridgeshire county council was one of the first councils to get that up and running—we have heard that it is not enough. As other Members have said, it is averaging around £30 to £35 per household, and I have already been told that many struggling households are now complaining that they do not meet the criteria from the fund.”
“That is much higher than any other Cambridgeshire constituency. As soon as the conflict began, I heard directly from constituents in the villages of Fowlmere, Barrington, Litlington, Weston Colville, the Abingtons and Heydon, who, despite having agreed a price, were being told that neither that price, nor even the date of delivery, could any longer be guaranteed. One vulnerable elderly resident had only two days of heating oil left in their home. Some bought heating oil from a different provider at double the price because they could not wait. It is questionable that the UK and Ireland Fuel Distributors Association justifies that kind of action as acceptable and appropriate because it is approved by the Competition and Markets Authority.”
“In the current energy crisis resulting from Trump’s dangerous, reckless and illegal war in Iran, heating oil is not covered by Ofgem’s price cap, just as during Putin’s illegal invasion of Ukraine in 2022 it was not covered by the energy price guarantee. We must not allow rural households to be left behind again. As the UK and Ireland Fuel Distributors Association points out, the situation is exacerbated by the fact that the price of imported jet fuel is the largest component in the retail price of a litre of heating oil, and it is far more volatile than Brent crude oil. The association has reported prices jumping from 44p per litre in January to 100p litre this week and, as we have heard, the final price landing on consumers is way above that. In my constituency, 2,954 households—35%—are reliant on heating oil.”
“It is a pleasure to serve under your chairship, Dr Allin-Khan. As many have done, I thank my hon. Friend the Member for North Norfolk (Steff Aquarone) for securing this hugely subscribed and important debate and for representing rural constituencies across the country. As we have heard, people in rural areas already face higher living costs, higher levels of fuel poverty and poorer energy efficiency compared to urban homes, and those areas also have many vulnerable elderly people. The Liberal Democrats are deeply concerned that, once again, we are debating urgent support to rural, off-grid households facing immediate and unaffordable cost increases who are uniquely exposed to volatile global fossil fuel markets. Clearly, we have not learnt the lessons from the very recent past.”
“Does the Minister have a timescale for when he expects the review of the market and any recommendations to come back from the CMA? When will the Government enact them? Will they be part of the energy independence Bill, or is there another way in which they could come into effect quite quickly?”
“We welcome the publication of the warm homes plan, but we have not received details of what will replace the energy company obligation 4 programme, which was run through local authorities. Can the Minister tell us when he expects that detail to be available? Will it be published ahead of the winter so that it can be applied and homes can be upgraded?”
“Alongside Reform UK, the Conservatives who are here today to mislead the public on the need to “Drill, baby, drill” are the same ones who were gung-ho in urging the Prime Minister to join Trump in the illegal war that caused this very crisis.”
“We need to be clear that this energy crisis is, in effect, an oil and gas crisis and shows us yet again just how dangerous our overdependence on fossil fuels is. Just as with Russia’s invasion of Ukraine, the middle east conflict shows how a single geopolitical escalation can send energy prices soaring, leaving households and businesses here in the UK exposed to shocks beyond their control. History is now in danger of repeating itself: families struggling with higher gas, petrol and food prices while energy companies’ profits surge. Forecasts from Cornwall Insight suggest that, if the conflict continues, energy bills could rise by £332 this July—a £332 Trump war tax on our energy bills. Yet what do we see in the Conservative response? More drilling, more dependence, more of the rollercoaster of volatile fossil fuel prices.”
“Research by Uplift shows that fields licensed by the previous Conservative Government over 14 years have produced just over a month’s worth of gas to date. Energy security is national security; as long as we rely on fossil fuels, we rely on foreign dictators and petrostates. Trump’s national security report was clear: he will use his gas to project power, turning it on and off at will. The Conservatives and Reform have shown that when Trump says “jump”, they ask, “How high?” That is not energy security; it is energy surrender.”
“I believe that the Minister answered that question. Norway has a very different system, and it made different decisions about consumption, based on the faster and greater adoption of techniques and heat pumps. The dither and delay under the previous Conservative Government meant that we did not move forward and reduce consumption. The truth is that expanding oil and gas production in the North sea—a mature basin from which we have already extracted 93% of resource—would do nothing to cut people’s energy bills, because any oil and gas extracted is sold on international markets to the highest bidder. Nor would it influence global prices, given that the UK can contribute only a tiny fraction of the global supply, even if new licences were granted. It would neither cut bills nor increase the security of supply.”
“I can confirm that the Liberal Democrat position is not to support new fields for exploration in the North sea. Rather, we should accelerate our own home-grown clean energy, the price of which we control. Otherwise, our constituents will forever be at the mercy of a deteriorating world order.”
“We must not repeat those mistakes. Yet in Hull today, we also see what success can look like. With investment in offshore wind, companies such as Siemens are creating skilled, well-paid jobs for the future building wind turbine blades—that means jobs and pride.”
“Let me turn to jobs, which matter deeply. Those working in the North sea are skilled workers. They have kept our lights on, and must be at the heart of any transition. A just transition recognises that, although we will need oil and gas for decades to come, the North sea is a mature basin, and oil and gas workers, as well as supply chains, need support to transition. Even though the Conservatives supported new North sea drilling, the number of jobs in the oil and gas industry fell by 70,000 when they were in government, but without this level of outcry or support. I grew up in Hull—a city that knew the devastation of unmanaged transition. I saw, through my father’s work as a GP, the human cost of industries collapsing without a plan. Dockers, trawlermen and entire communities were left behind and lost pride.”
“Let me turn to climate change. Although fossil fuels are driving skyrocketing costs, they also drive the costs of the unabated climate change that is already hitting our farmers and our communities, through crippling flooding and droughts. Approving Rosebank alone would add nearly 250 million tonnes of emissions, pushing us beyond our climate targets and further out of line with the Paris agreement, which aims to protect us all. Opening new fields would worsen the climate crisis without cutting bills or improving energy security. It would exacerbate climate breakdown, which is a national security threat that drives instability, displacement and economic shocks.”
“We would go further in taking policy costs off energy bills, so that households feel in their pockets that the wind and the sun are cheaper than gas. We must also make homes cheaper to heat in the winter, and cool in the summer, with a more ambitious warm homes plan and a 10-year emergency home upgrade programme. We should build on the Liberal Democrat success by getting the Government to commit today to putting rooftop solar on all new builds. Rejoining the EU’s internal energy market would reduce wholesale costs, make the trade of energy more efficient, and avoid higher costs. More drilling means more volatility, more insecurity and higher bills. The Liberal Democrats offer a different path: decoupled gas and electricity prices, and the lower bills that families and businesses deserve.”
“We have been taking out less gas for decades now, and those decisions were taken by successive Governments. We have seen the assessment on the security of gas supply: Norway’s geological situation shows that it has more left, while our basin has less and the supply is dwindling. Expanding North sea drilling is not pragmatic; it is reckless and incompatible with the UK’s climate commitments. There is another path, however. The Liberal Democrats have been clear that we must break our overdependence on fossil fuels and decouple gas and electricity prices so that households benefit from cheap, clean power. The more we expand renewable clean energy through contracts for difference—provision introduced by the Liberal Democrats—the less gas sets the price, so families and businesses could have fixed renewable energy prices.”
“It is shocking that 90% of solid-wall homes are still uninsulated. That is why the Liberal Democrats keep calling for a 10-year emergency home upgrade scheme that would offer free insulation to low-income households.”
“It is also concerning that there are no carry-over arrangements for when the scheme ends. The National Insulation Association made its concerns clear in the consultation, opposing the cut and saying that any extension should come with a pro rata increase in obligation levels. Equally, the lack of detail in the warm homes plan for ECO’s replacement, with a suspected 18-month delay to delivery, means that next winter there will effectively be no operational national fuel poverty strategy. Given the middle east energy crisis, reducing energy demand is one of the best ways to help lower-income households reduce bills. Improving building fabric could cut heat demand by 15% to 20%, which would also help to reduce risk and balance the grid, reducing the peak heat gap in winter, as research by Energy Systems Catapult shows.”
“The extension of the ECO scheme until December will be welcome news for the numerous insulation installers who have faced significant instability after the ECO scheme cliff-edge cut in the November Budget. However, the Liberal Democrats remain frustrated at the original decision to scrap the energy company obligation. Energy retrofit firms warned of a supply chain collapse after the Government pulled vital funding for upgrading damp, mouldy and draughty homes for the poorest households, as well as pulling funding from the small and medium-sized contractors that deliver the work. I am now hearing of thousands of redundancies among skilled installers coming down the line. What a waste and a crying shame—putting businesses and livelihoods at risk over this period.”
“The Liberal Democrats have alternative plans for funding defence, because the plans being laid out today put Britain and the world at risk. The World Bank says that climate change could drive 200 million people from their homes and the World Health Organisation has said that climate change is the biggest threat to human health. The Government’s own national security assessment on global ecosystems, which they tried to suppress, could not be clearer: “Ecosystem collapse is highly likely to drive national security risk.” Why are the Government choosing to ignore the evidence and their own security experts by slashing international climate and nature funding, which protects people at home and abroad?”
“The cheapest form of energy is that which we do not use, and an effective insulation programme for struggling families across the country would bring down bills and lift households out of fuel poverty. The Government’s changes to the energy company obligation programme have meant that we have an effective delay of about 18 months to insulation programmes, which has put hundreds of small and medium-sized upgrade and retrofit companies at risk. The changes also potentially mean that this winter a Labour Government does not have an operational national fuel poverty strategy.”
“Although the legislation before us updates some important data sharing provisions for the warm home discount, I urge the Minister to learn the lessons of the covid pandemic and the 2022 energy bill crisis and immediately enact a data sharing scheme between more Government Departments—not only DWP but the NHS and others—to determine eligibility. I also urge the Minister to devolve that scheme, where necessary, to local authorities to enable them to deliver targeted support to those who need it most. Meanwhile, we need to urgently decouple gas and electricity prices so that families and businesses feel the benefits of the clean energy transition and are not on the rollercoaster of volatile global energy prices. We also call for a swifter roll-out of the warm homes plan.”
“We agree that bringing down energy bills is a priority. It is especially necessary given the crisis in the middle east, which exposes families and small businesses once again to soaring fossil fuel prices, as seen in the spike in price for those who must use oil for heating, including in my constituency of South Cambridgeshire. The Liberal Democrats therefore agree with the extension of support through the warm home discount until 2031 to support those in fuel poverty. The Government should also consider other measures, such as tackling the growing energy debt, which is a spiralling crisis in this country, and creating a social energy tariff, for which the Liberal Democrats have long called. It is crucial to ensure that such support, including support from energy suppliers, is targeted to reach those who need it most.”
“I drove along it last weekend, and it is smooth and safe—if the Government brought the money needed to local councils, that is what roads could be like. On behalf of my constituents, I ask the Minister: will she commit to resolving the £800 million backlog in Cambridgeshire to allow for the proper road resurfacing that my constituents deserve?”
“Potholes are not just an inconvenience for my constituents; they are a costly safety risk that causes distress and frustration. Years of underfunding and a policy of managed decline by the previous Conservative county council administration have left Cambridgeshire facing an estimated £800 million backlog in repairs, of which £169 million is for the greater Cambridge area, home to Europe’s largest biomedical and life sciences cluster. One would think that that would have stimulated investment, but the Government allocated just £12 million to address that backlog. To its credit, Cambridgeshire’s Liberal Democrat-run county council has more than doubled its investment in highways maintenance to £73 million. Results are starting to be seen in some areas, such as the recently resurfaced Granham’s Road.”
“Also, if the Government want to provide targeted support, will they learn the lessons from the covid pandemic and the 2022 energy crisis and immediately enact a data-sharing scheme between Departments, including the Department for Work and Pensions and the NHS, and devolve this to local authorities to enable them to deliver targeted support to those who need it the most through, right now, the crisis and resilience fund that they want to be adopted on 1 April?”
“The real way to protect households and businesses is not by parroting Trump’s “Drill, baby, drill” mantra and buckling in for more roller-coaster rides that burn a hole in people’s pockets but by accelerating the transition to secure, home-grown clean energy that we control and extending preferential treatment to the warm homes plan, to help those homes that use heating oil to electrify and get off volatile fuel that we do not control. Will the Government agree with the Liberal Democrats and set a price cap for heating oil to shield off-grid households?”
“We welcome the Government finally taking action to protect households from soaring energy costs due to the middle east crisis, following calls from those on the Liberal Democrat Benches and MPs of all parties. However, today’s intervention is a sticking-plaster solution, with too many households potentially falling through the cracks and not receiving support. We have heard that those families who must use oil for heating are the most exposed and defenceless, caught in the crossfire of Russia’s war in Ukraine and now the volatility in the middle east. The heating oil market needs regulating. The Liberal Democrats are calling for the immediate introduction of a three-month VAT holiday on heating oil, as well as a proper price cap, because these households deserve the same protection as those that use gas and electricity.”
“By drawing out the changes, they are only adding uncertainty for investment, so I call on the Minister to seriously consider our calls to move 85% of renewables obligation contracts on to the CfD scheme, as part of a single, coherent package. That way, renewable energy projects can continue to produce the green energy that the UK desperately needs, while also ensuring that generators can benefit from a new long-term contract that is fair and equitable for generators and consumers alike. In times like this, when we see volatile oil and gas prices soar, consumers need and deserve to feel the benefits of the lower costs of renewable energy, rather than the unintended repercussions of the Government’s multiple fragmented changes.”
“However, as the Minister said, there are valid concerns from the renewable energy sector about midway changes to investment plans, particularly if the changes are piecemeal. RenewableUK and others were broadly against the change, and voiced that repeatedly in the Government’s consultation and beyond. The UK’s reputation as a safe and predictable place for investment in vital new renewable energy capacity has been hard won, and must be retained to keep costs as low as possible for bill payers. The way that policy changes matters. Having listened to the sector, the Liberal Democrats believe the Government are miscalculating by not going further to make wholesale changes to the renewables obligation scheme, as we have called for.”
“The Liberal Democrats have long called on the Government to reform and reconsider the UK’s renewables obligation contracts, which were replaced in 2017 by the contracts for difference scheme set up by the Liberal Democrats when we were in government. We all know that CfDs are a more effective and affordable way to create investment in our net zero economy, which continues to grow, and has to grow for us to be able to decouple the cost of electricity from gas. And it is growing, despite attempts from other parties to talk it down. Adjusting the inflation indexation from RPI to CPI, and therefore reducing the buy-out price for the contracts, will reduce the costs of this outdated scheme. That is always welcome news to households across the UK.”
“With tensions in the middle east pushing up global oil and gas prices again, households are understandably worried that yet another international crisis will mean higher energy bills and a higher cost of living at home. In my South Cambridgeshire constituency, like in others we have heard about today, many rural and semi-rural households have to use oil for heating, and they have seen prices double over the past week. I have heard that the Chancellor is considering measures to support them. Will she support the Liberal Democrats’ call to zero rate VAT on heating oil for three months for all those residential homes, and will she consider other measures to protect them from massive spikes in their bills?”
“Because of our heavy reliance on gas, limited storage capacity, dependence on imports, and falling domestic liquefied natural gas inventories. As recently as January, the Conservatives were arguing in favour of continued reliance on gas, due to the price falling at that time, but it has taken less than two months for them to be proven wrong. Meanwhile, given the instability in European energy markets caused by the ongoing conflicts, I am glad to hear that the Secretary of State has engaged with energy counterparts in the EU. I would like to hear more details of their analysis of the potential impact on supply, prices and regional energy security.”
“The conflict in the middle east reminds us again how dangerously exposed the UK is to volatile global fossil fuel markets. Forecasts by the Joseph Rowntree Foundation have shown that, just as happened after Putin’s illegal invasion of Ukraine, energy bills could go up dramatically, placing further pressure on families and businesses that are struggling, while energy companies make profits. The leader of the Liberal Democrats, my right hon. Friend the Member for Kingston and Surbiton (Ed Davey), asked the Prime Minister yesterday to give a cast-iron guarantee that he would not let energy bills rise by £500 this year, but he did not. Will the Secretary of State give that guarantee? Why are we so exposed?”
“I fully recognise the need to support clean energy schemes that will actively boost our energy security and resilience for decades to come.”
“Qatar’s decision to close the world’s largest gas terminal could have a direct impact on customers here in the UK. We are seeing some of the fastest spikes in wholesale gas prices, which are surging by more than 40%. Just this morning, we have seen prices spike by 30% for day ahead UK delivery. For month ahead contracts, the price was at 148p per therm this morning, which is a three year high. That is why we need urgently to turn to renewable energy sources, continue to develop the infrastructure and technology that will actually support an energy secure future, and move away from over dependence on volatile fossil fuel imports. Given that, it is important that electricity suppliers can recover sufficient funds to cover their expected operational costs.”