I am listening with very great care to what my noble friend has said because this is all very important. She says that she has met the representatives of the industry and of their bankers and funders. Is she now saying that she will take account of what they said and of the three points they raised? My noble friend has mentioned the length of the contract; they say it must be not less than 15 years. There is the question of the penalties, which the noble Baroness, Lady Worthington, has mentioned. There is then the question of a cap. All three have to be right or, however much the noble Baroness, Lady Verma, says she wants competition she will not get in the new entrants and the independent generators.
Energy Bill
Proceeding contribution from
Lord Jenkin of Roding
(Conservative)
in the House of Lords on Monday, 28 October 2013.
It occurred during Debate on bills on Energy Bill.
About this proceeding contribution
Reference
748 c1388 Session
2013-14Chamber / Committee
House of Lords chamberSubjects
Librarians' tools
Timestamp
2013-12-20 04:44:47 +0000
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