Electricity Market Review

Chris Murray Excerpts
Thursday 10th July 2025

(1 day, 14 hours ago)

Commons Chamber
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Ed Miliband Portrait Ed Miliband
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The answer to both those questions is yes. The first point the hon. Member raises is important and goes to the question asked by my hon. Friend the Member for Edinburgh North and Leith (Tracy Gilbert), which was on the fears that lots of people had that it would dry up the renewables industry in Scotland if we went down the route of zonal pricing. That is why we have opted for the reformed national pricing system that we have talked about. To elaborate on the second point, building this clean power system that can lower wholesale prices, which is the absolute prize here, is the route to lowering energy costs for people in Scotland and across the UK.

Chris Murray Portrait Chris Murray (Edinburgh East and Musselburgh) (Lab)
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Last summer was the hottest on record and this summer may be even hotter still. The world faces a climate crisis. To tackle that, we need to move fast to net zero, and Scotland’s energy sector will be crucial in this country’s achieving that. To do that, we need to encourage—not discourage—investment, and we cannot waste any time. Does the Secretary of State think the decision will help Scotland boost its energy sector and through that, this country’s fight against climate change?

Ed Miliband Portrait Ed Miliband
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My hon. Friend speaks with great expertise and passion on these issues. On his first point, it is worth saying something about this, and I hope to say more on it in the next week or so. The impacts of climate change that we are seeing around the world are the new normal, I am afraid, but they are not normal in comparison with the past. We are seeing some horrifying scenes around the world, and the warming of the planet makes them much more likely to happen, so there is real urgency, and he is right to emphasise that. He is also absolutely right that Scotland will play a pivotal role for the UK in answering the questions on energy security and tackling the climate crisis. I believe the announcement today will help in that endeavour.