Electricity Market Reform Debate

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Electricity Market Reform

Tim Yeo Excerpts
Tuesday 12th July 2011

(12 years, 10 months ago)

Commons Chamber
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John Bercow Portrait Mr Speaker
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Order. A great many right hon. and hon. Members are seeking to catch my eye, but there is heavy pressure on time and I must therefore appeal for single, short questions without preamble and for comparably pithy replies from the Secretary of State.

Tim Yeo Portrait Mr Tim Yeo (South Suffolk) (Con)
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As the task of attracting huge amounts of new investment into new low-carbon electricity generating capacity is extremely urgent, can the Secretary of State assure us that the passage of the necessary legislation will be a top priority for the Government in the next Session? Will he ensure that as much clarity as possible about the levels and manner of operation of the feed-in tariffs, with contracts for difference, will be available as soon as possible to reassure investors that it is a new, stable and predictable regime?

Chris Huhne Portrait Chris Huhne
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I assure the hon. Gentleman that the Government are extremely seized of the urgency of getting the legislation through during the second Session and of issuing the contracts, so that they will be on course and we are able—I hope—to issue the first contracts in 2013.