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Lord Hunt of Kings Heath (Lab)

Speaking in the House of Lords on 11 February 2025

Debate

Great British Energy Bill

Contribution

My Lords, I am very grateful to the noble Lord, Lord Vaux, particularly for his patience because I think this was originally in the first group, so he has done great service. We have had a very constructive discussion with the noble Lord. I am happy to confirm that the Government will bring forward an amendment on an independent review of effectiveness at Third Reading. I am also aware, as the noble Lord said, that his amendment includes an additionality element. I am happy to confirm that additionality will be an important principle of Great British Energy—I said that earlier this evening, or this afternoon or many hours ago—particularly in respect of its investment activity. As such, we expect that it will be covered for the requirement for the independent review to consider the effectiveness of Great British Energy and to have regard to the stated strategic priorities in doing so. I look forward to bringing an amendment to the House at Third Reading.

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