Ed Miliband

Ed Miliband

Labour — Doncaster North

Speaking in the House of Commons on 10 July 2025

Debate

Electricity Market Review

Contribution

I will come to my hon. Friend’s earlier points in a minute, but his last point is absolutely crucial. The last Government looked at this and found it difficult to find a mechanism to do it within the system. A key thing that clean power will do is that gas will set the price much less of the time, and with ROs being phased out and CfDs coming in, that will have a dramatic effect. At the moment, the gas price covers something like more than half the generation, and that will fall to a much lower figure—I can give my hon. Friend the actual figures. My hon. Friend’s first point about constraint payments is worth dwelling on. If we are worried about constraint payments because the network is not there, we are right to be worried. But if that is our view, we should support the building of the network infrastructure across the country. We cannot have it both ways. We cannot say that we are worried about constraint payments and the cost on consumers but that we cannot have the new infrastructure built. That is an issue and it is a choice— I would not call it a dilemma, exactly—that every Member across the House has to make.

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