Member

I added my name to Amendment 19 tabled by the noble Lord, Lord Ravensdale, as he noted, because it mentions cost. In many of the debates we have about energy supply and the challenges of net zero, people forget about the importance of costs. My noble friend Lord Frost’s earlier amendment phrased the objective in terms of consumer bills. The amendment from the noble Lord, Lord Ravensdale, is narrower because it deals with the cost of energy supply, which is one component of the bills for consumers. Nevertheless, it is well worth supporting as something to ensure that Great British Energy has the ability to carry out activities that can reduce the cost. That is very important.