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The Earl of Effingham (Con)

Speaking in the House of Lords on 17 December 2024

Debate

Energy Costs for Businesses

Contribution

My Lords, the UK is importing record amounts of electricity from Europe. We understand that the EU is to propose limiting access to its electricity markets. How can the Minister ensure that businesses can transition to net zero over time without facing prohibitive energy costs during this process? Surely if supply goes down, costs will go up.

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