Bill Esterson

Bill Esterson

Labour — Sefton Central

Speaking in the House of Commons on 5 March 2026

Debate

Energy Markets

Contribution

Yesterday, the Energy Security and Net Zero Committee looked at the facts and the evidence: Ofgem and NESO told us that the price cap will be in place until June as a short-term protection; that clean power 2030 is indeed the best way to avoid future exposure to the sorts of risks that we are now experiencing; that energy costs as a share of GDP will fall from their current 10% to between 5% and 6% by 2050, according to Government plans; and that there is no prospect of bringing down prices by undertaking activity in the North sea. What plans does the Secretary of State have for short-term support for bill payers? We heard evidence about the reformed national pricing consultation that is under way. May I encourage him to bring that forward, so that bill payers can benefit from the availability of low-demand cheap electricity as soon as possible, as an immediate response to this crisis?

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