Energy: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential impact of the creation of Great British Energy on household energy bills in (a) Fylde and (b) Lancashire.
Answered by Michael Shanks
In an unstable world, the only way to guarantee energy security and protect billpayers is to accelerate the transition away from fossil fuels. That is why government has a mission to make Britain a clean energy superpower.
We have a sustainable, long-term plan to protect all UK billpayers, including the people of Fylde and Lancashire, from volatile international gas markets. Backed by £8.3 billion, Great British Energy is part of this plan, driving the deployment of the clean, homegrown energy we need to boost our energy independence. As a publicly-owned company, Great British Energy will ensure UK taxpayers, billpayers, and communities reap the benefits of this.
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