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Lord Cryer (Lab)

Speaking in the House of Lords on 30 June 2025

Debate

UK Modern Industrial Strategy

Contribution

My Lords, since the noble Lord, Lord Sharpe, talked about energy policy at such great length, can my noble friend confirm that there are two crucial elements in the operation of energy policy, which are diversity and security? Both those elements, which were undermined over 14 years under the previous Government, are at the heart of the Great British Energy Act, which includes £8.3 billion of investment that the board is free to put into any kind of energy generation it sees fit. That will not be Ministers’ decisions; the board will be operationally free to make that decision.

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