Joined House of Lords: 6th February 2024
Speeches made during Parliamentary debates are recorded in Hansard. For ease of browsing we have grouped debates into individual, departmental and legislative categories.
These initiatives were driven by Lord Moynihan of Chelsea, and are more likely to reflect personal policy preferences.
A Bill to protect the freedom of expression of professionally regulated individuals; to impose duties of neutrality on professional regulatory bodies; and to restrict the imposition by such bodies of mandatory training or education of a political, ideological, or social nature.
Lord Moynihan of Chelsea has not co-sponsored any Bills in the current parliamentary sitting
Government monitors the progress of transmission projects required to meet our goal of clean power through regular engagement with industry and regulators. Transmission Owners (TOs) are licensed and regulated by Ofgem. While TOs are responsible for delivering transmission projects, Ofgem plays a key role in scrutinising delivery plans, setting the regulatory requirements and monitoring performance (including completion dates), against agreed outputs and milestones. Ofgem holds TOs accountable for the efficient and timely delivery of network upgrades and can investigate potential non-compliance where delivery falls short of regulatory requirements.
Government monitors the progress of transmission projects required to meet our goal of clean power through regular engagement with industry and regulators. Transmission Owners (TOs) are licensed and regulated by Ofgem. While TOs are responsible for delivering transmission projects, Ofgem plays a key role in scrutinising delivery plans, setting the regulatory requirements and monitoring performance (including completion dates), against agreed outputs and milestones. Ofgem holds TOs accountable for the efficient and timely delivery of network upgrades and can investigate potential non-compliance where delivery falls short of regulatory requirements.
Government monitors the progress of transmission projects required to meet our goal of clean power through regular engagement with industry and regulators. Transmission Owners (TOs) are licensed and regulated by Ofgem. While TOs are responsible for delivering transmission projects, Ofgem plays a key role in scrutinising delivery plans, setting the regulatory requirements and monitoring performance (including completion dates), against agreed outputs and milestones. Ofgem holds TOs accountable for the efficient and timely delivery of network upgrades and can investigate potential non-compliance where delivery falls short of regulatory requirements.
Government monitors the progress of transmission projects required to meet our goal of clean power through regular engagement with industry and regulators. Cost estimates are developed and maintained by the relevant Transmission Owners and are subject to regulatory scrutiny by Ofgem.
Government monitors the progress of transmission projects required to meet our goal of clean power through regular engagement with industry and regulators. Cost estimates are developed and maintained by the relevant Transmission Owners and are subject to regulatory scrutiny by Ofgem.
The Hamburg Declaration of Energy Ministers, signed at the Third North Sea Summit on 26 January 2026, together with its annexes, including the Action Plan and the Offshore Financing Framework, is non-binding and does not create rights or obligations under national or international law. It therefore cannot give rise to justiciable disputes between the parties.
We will negotiate an electricity agreement with the EU to cut the cost of trading electricity with European partners, strengthen our energy security, drive investment in the North Sea, and help to achieve our Clean Power 2030 Mission. The detailed commitments under any such agreement, including an assessment of their benefits and costs, will be developed as part of the negotiations.
Government works closely with the National Energy System Operator (NESO) and Ofgem to support the timely delivery of transmission infrastructure required for achieving our clean power goal. Whilst systems are in place to ensure consistent and up-to-date project data across organisations, NESO and Ofgem have distinct roles and responsibilities separate to DESNZ and it is necessary for them to maintain commercial information to carry out their respective operational and regulatory functions. We continue to work with NESO and Ofgem to improve where appropriate, effective data sharing to support efficient network planning and project delivery.
We will negotiate an electricity agreement with the EU to cut the cost of trading electricity with European partners, strengthen our energy security, drive investment in the North Sea, and help to achieve our Clean Power 2030 Mission.
In line with the outcome of exploratory discussions, the UK and the EU will discuss the relevant rules relating to state aid and environmental protection. Any commitments in these areas remain subject to negotiation and will involve a balance of rights and obligations to ensure a level playing field in the trade of electricity between the Parties.
According to Bloomberg New Energy Finance, UK energy transition investment reached a record £65 billion in 2025, with investment in low-carbon sectors accounting for 2% of GDP - the second highest share in the G7. This reflects strong investor confidence in the UK’s clean energy transition and the significant opportunities it presents. The Government is reinforcing this momentum through the Clean Power 2030 Action Plan and the Clean Energy Industries Sector Plan, which provide long-term policy certainty, alongside targeted public investment and reforms to planning, grid connections and Contracts for Difference that are helping to unlock further private investment in clean energy infrastructure.
The UK and EU agreed to work towards linking their respective Emissions Trading Schemes (ETSs) at the May 2025 UK-EU Summit. Negotiations began late last year and are on-going. A significant benefit of a linking agreement would be the creation of the conditions needed for mutual exemptions from our respective CBAM regimes.
We are negotiating an electricity agreement with the EU to reduce the cost of trading electricity with our European partners, strengthen the UK's energy security, support investment in the North Sea, and help deliver our Clean Power 2030 mission.
In line with the outcome of exploratory discussions, the UK and the EU will discuss the relevant rules relating to the promotion of renewable energy. Any commitments in this area, including those relating to Directive (EU) 2023/2413 (RED III), remain subject to negotiation.
The terms of any future agreement, including any assessment of its impacts, will be developed through those negotiations.
We are negotiating an electricity agreement with the EU to reduce the cost of trading electricity with our European partners, strengthen the UK's energy security, support investment in the North Sea, and help deliver our Clean Power 2030 mission.
In line with the outcome of exploratory discussions, the UK and the EU will discuss the relevant rules relating to the promotion of renewable energy. Any commitments in this area, including those relating to Directive (EU) 2023/2413 (RED III), remain subject to negotiation.
The terms of any future agreement, including any assessment of its impacts, will be developed through those negotiations.
We are negotiating an electricity agreement with the EU to reduce the cost of trading electricity with our European partners, strengthen the UK's energy security, support investment in the North Sea, and help deliver our Clean Power 2030 mission.
In line with the outcome of exploratory discussions, the UK and the EU will discuss the relevant rules relating to the promotion of renewable energy. Any commitments in this area, including those relating to Directive (EU) 2023/2413 (RED III), remain subject to negotiation.
The terms of any future agreement, including any assessment of its impacts, will be developed through those negotiations.
We are negotiating an electricity agreement with the EU to reduce the cost of trading electricity with our European partners, strengthen the UK's energy security, support investment in the North Sea, and help deliver our Clean Power 2030 mission.
In line with the outcome of exploratory discussions, the UK and the EU will discuss the relevant rules relating to the promotion of renewable energy. Any commitments in this area, including those relating to Directive (EU) 2023/2413 (RED III), remain subject to negotiation.
The terms of any future agreement, including any assessment of its impacts, will be developed through those negotiations.
We are negotiating an electricity agreement with the EU to reduce the cost of trading electricity with our European partners, strengthen the UK's energy security, support investment in the North Sea, and help deliver our Clean Power 2030 mission.
In line with the outcome of exploratory discussions, the UK and the EU will discuss the relevant rules relating to the promotion of renewable energy. Any commitments in this area, including those relating to Directive (EU) 2023/2413 (RED III), remain subject to negotiation.
The terms of any future agreement, including any assessment of its impacts, will be developed through those negotiations.
We are negotiating an electricity agreement with the EU to reduce the cost of trading electricity with our European partners, strengthen the UK's energy security, support investment in the North Sea, and help deliver our Clean Power 2030 mission.
In line with the outcome of exploratory discussions, the UK and the EU will discuss the relevant rules relating to the promotion of renewable energy. Any commitments in this area, including those relating to Directive (EU) 2023/2413 (RED III), remain subject to negotiation.
The terms of any future agreement, including any assessment of its impacts, will be developed through those negotiations.
Inflation peaked at 11.1% in October 2022 and was above target for 33 consecutive months. Inflation has now fallen close to target and is expected to remain close to target.
Monetary policy, including the stock of assets held in the Asset Purchase Facility, which influences the supply of money, is the responsibility of the independent Monetary Policy Committee (MPC) at the Bank of England. The Government remains committed to monetary policy independence and supporting the MPC to return inflation to target sustainably, and does not comment on the conduct or effectiveness of monetary policy.