Energy Bill announced
Labour will try to amend the Energy Bill to include a target for decarbonisation of the energy market by 2030, the Shadow Energy Secretary has said.
Caroline Flint was responding to the announcement of the Government’s Energy Bill by the Liberal Democrat Energy Secretary Ed Davey, which did not include a target to decarbonise the energy market by 2030.
She told the Commons that businesses would only invest in Britain’s renewable energy sector if there was certainty that the UK’s energy market would be decarbonised by 2030.
“If you listen to firms like Vestas, whether it’s on-shore of off-shore, their business is wind, what they wanted in this Bill was a clear commitment to decarbonising the carbon sector by 2030,” she said.
“When the time comes we will work with colleagues across the House to put a decarbonising target on the face of the Bill.”
Mr Davey admitted the target was a contentious issue within the Government but she he would bring forward amendments to his department’s bill to give himself the power to set a decarbonisation target.
“This has been a matter of some debate within government, that’s been very clear."
Energy firms will also be paid to save electricity, with further investment in gas, renewable and nuclear energy.
The Energy Secretary told the Commons today: "If you look ahead to energy bills in 2020, energy efficient savings are set to more than outwigh the cost of supporting low carbon electricity generation. The net effect of Government policies on energy bills is downwards, not upwards."
He said this morning the incentives to reduce electricity use were actually the “cheapest way” to reduce bills for consumers and businesses.
“Our new consultation is actually quite exciting – we’re trying to help the whole of the UK reduce its demand for electricity. If we do that, that means we’ll have to build fewer power stations... That saves money – it saves money for businesses, it saves money for households,” Mr Davey told BBC Breakfast.