My Lords, I added my name to my noble friend Lord Vaux’s Amendments 4, 6 and 7. This was largely because when the Bill went through its stages in the other place, the Government made frequent references to the fact that an essential quality of Great British Energy was that...

My Lords, I added my name to my noble friend Lord Vaux’s Amendments 4, 6 and 7. This was largely because when the Bill went through its stages in the other place, the Government made frequent references to the fact that an essential quality of Great British Energy was that...

My Lords, I cannot give the noble Lord chapter and verse today but will certainly write to him with what we can say in public.

My Lords, I cannot give the noble Lord chapter and verse today but will certainly write to him with what we can say in public.

My Lords, I rise very briefly. I thank noble Lords for bringing forward these amendments. These are really important issues that are worth examining in Committee. However, on these Benches we do not feel that any of these amendments really provide proper solutions to some of the problems that are...

My Lords, I rise very briefly. I thank noble Lords for bringing forward these amendments. These are really important issues that are worth examining in Committee. However, on these Benches we do not feel that any of these amendments really provide proper solutions to some of the problems that are...

My Lords, I rise to speak to five amendments in this group, so I apologise that I will be a few minutes—but at least they are not in five different groups. I start with two amendments on heat pump

technology. They both seek to explore how Great British Energy could...

My Lords, I rise to speak to five amendments in this group, so I apologise that I will be a few minutes—but at least they are not in five different groups. I start with two amendments on heat pump

technology. They both seek to explore how Great British Energy could...

I thank the Minister for his detailed response to all the amendments in this group. I want to follow up with a quick question. I and the noble Baroness, Lady Grender, asked the Minister whether any consideration will be given to rolling the warm homes plan into GB Energy. The...

I thank the Minister for his detailed response to all the amendments in this group. I want to follow up with a quick question. I and the noble Baroness, Lady Grender, asked the Minister whether any consideration will be given to rolling the warm homes plan into GB Energy. The...

My Lords, I will speak to two amendments in this group: Amendments 11 and 15. Before I do so, I want to thank the noble Lord, Lord Naseby, for his amendments. They fit well with the amendments on community energy. I was thinking about this subject myself. It is an...

My Lords, I will speak to two amendments in this group: Amendments 11 and 15. Before I do so, I want to thank the noble Lord, Lord Naseby, for his amendments. They fit well with the amendments on community energy. I was thinking about this subject myself. It is an...

Lords committee stage first day. Clauses 1 and 2 agreed to. Clause 3 under consideration. (Part 1 of 2).

Lords committee stage first day. Clauses 1 and 2 agreed to. Clause 3 under consideration. (Part 1 of 2).

Yes, I want to be absolutely clear: nuclear clearly falls within the definition of clean power, so it would be within the competence of Great British Energy to invest and do the other things in the Bill in relation to nuclear. However, we have Great British Nuclear, which I believe...

Yes, I want to be absolutely clear: nuclear clearly falls within the definition of clean power, so it would be within the competence of Great British Energy to invest and do the other things in the Bill in relation to nuclear. However, we have Great British Nuclear, which I believe...

Moved by

Lord Offord of Garvel

1: Clause 1, page 1, line 2, leave out “company” and insert “subsidiary of the National Wealth Fund”

Member's explanatory statement

This would probe into the relationship between Great British Energy and the National Wealth Fund - formerly the UK Infrastructure Bank.

Moved by

Lord Offord of Garvel

1: Clause 1, page 1, line 2, leave out “company” and insert “subsidiary of the National Wealth Fund”

Member's explanatory statement

This would probe into the relationship between Great British Energy and the National Wealth Fund - formerly the UK Infrastructure Bank.

My Lords, I am grateful to all noble Lords who are present for this important debate, which deals with an essential topic for the future of our nation: our energy production, security and ownership. I will also speak to Amendments 3 and 5 in my name.

Amendment 1 seeks to probe...

My Lords, I am grateful to all noble Lords who are present for this important debate, which deals with an essential topic for the future of our nation: our energy production, security and ownership. I will also speak to Amendments 3 and 5 in my name.

Amendment 1 seeks to probe...

My Lords, I rise to speak to Amendments 4, 6 and 7 in my name. I start by reminding the Committee of my interests as a micro-generator of hydroelectricity.

Amendments 4, 6 and 7 are designed to probe—a bit like Amendment 3 in the name of the noble Lord, Lord Offord—whether...

My Lords, I rise to speak to Amendments 4, 6 and 7 in my name. I start by reminding the Committee of my interests as a micro-generator of hydroelectricity.

Amendments 4, 6 and 7 are designed to probe—a bit like Amendment 3 in the name of the noble Lord, Lord Offord—whether...

My Lords, I support what both my noble friend Lord Offord of Garvel and the noble Lord, Lord Vaux, have said about the confusing overlap between what is now the National Fund Wealth and Great British Energy. I am one of those sad people who look at annual reports and...

My Lords, I support what both my noble friend Lord Offord of Garvel and the noble Lord, Lord Vaux, have said about the confusing overlap between what is now the National Fund Wealth and Great British Energy. I am one of those sad people who look at annual reports and...

My Lords, I approach this amendment, and many others that are coming, broadly with sympathy and understanding about the enormous complexities of what we are dealing with. Obviously, I also wish to see us succeed, in the sense that a nation with a bad, interrupted or poor energy supply will...

My Lords, I approach this amendment, and many others that are coming, broadly with sympathy and understanding about the enormous complexities of what we are dealing with. Obviously, I also wish to see us succeed, in the sense that a nation with a bad, interrupted or poor energy supply will...

My Lords, I support my noble friend Lord Offord in his amendment but, funnily enough, not for the same reasons that he does. He says that Great British Energy should become a subsidiary of the National Wealth Fund. I am very worried—I do not know whether anybody else is—about the...

My Lords, I support my noble friend Lord Offord in his amendment but, funnily enough, not for the same reasons that he does. He says that Great British Energy should become a subsidiary of the National Wealth Fund. I am very worried—I do not know whether anybody else is—about the...

My Lords, we have started our proceedings in Committee with a very interesting discussion about the relationship between Great British Energy and the National Wealth Fund. I certainly agree with the noble Lord, Lord Offord, on the importance of our debates on energy and net zero more generally and with...

My Lords, we have started our proceedings in Committee with a very interesting discussion about the relationship between Great British Energy and the National Wealth Fund. I certainly agree with the noble Lord, Lord Offord, on the importance of our debates on energy and net zero more generally and with...

Is it not the case that the Secretary of State can override the chair of Great British Energy?

Is it not the case that the Secretary of State can override the chair of Great British Energy?

The noble Lord is referring to a power of direction. We are coming on to relevant amendments later in the Bill, but let me make it clear that this power is often contained in legislation, although we believe it will be used very rarely indeed. I certainly would not expect...

The noble Lord is referring to a power of direction. We are coming on to relevant amendments later in the Bill, but let me make it clear that this power is often contained in legislation, although we believe it will be used very rarely indeed. I certainly would not expect...

I thank noble Lords for their insightful contributions on the designation of a company as Great British Energy and the ownership of such a company. I welcome the amendments from the noble Lords, Lord Vaux and Lord Cameron—Amendments 4, 6 and 7. They were designed to probe the benefits of...

I thank noble Lords for their insightful contributions on the designation of a company as Great British Energy and the ownership of such a company. I welcome the amendments from the noble Lords, Lord Vaux and Lord Cameron—Amendments 4, 6 and 7. They were designed to probe the benefits of...

Moved by

Lord Frost

2: Clause 1, page 1, line 3, at end insert “, in order to advance the objectives set out in subsection (1A).

(1A) The objectives which the Secretary of State must seek to advance in designating a company as Great British Energy are—

(a) reducing household energy costs in a...

Moved by

Lord Frost

2: Clause 1, page 1, line 3, at end insert “, in order to advance the objectives set out in subsection (1A).

(1A) The objectives which the Secretary of State must seek to advance in designating a company as Great British Energy are—

(a) reducing household energy costs in a...