MP, Labour's Energy
Secretary, responding to the Tories' reheated energy
announcement, said:
By following Reform's lead, the Tories will tie Britain to the
fossil fuel rollercoaster and keep bills higher for families.
Labour is investing in more clean energy jobs, cutting tax on
electricity bills to give families breathing space this winter
and we're taking action to tackle the climate crisis and bring
down bills for good. would put jobs at risk and
increase bills.
As global fossil fuel prices continue to rise amid conflict
overseas and wildfires rage across the UK, we can't turn our back
on clean power. That won't bring down bills and it won't address
the climate crisis. The Tories don't have a clue."
Ends
Notes:
Despite 14 years in power, the Conservatives failed to
protect Britain's energy security:
- The Conservatives blocked the cheapest form of new energy -
onshore wind. Their effective moratorium on onshore wind,
slashing of subsidies, and scrapping the zero-carbon homes
standard was
estimated to have made energy bills nearly £2.5bn
higher over the past decade.
- By blocking hundreds of solar projects that had planning
permission and were ready to go, the Conservatives destroyed the
market for another of the cheapest forms of new energy.
- The Conservatives failed to get Britain's
homes insulated, overseeing a 20-fold cut in installations over
the last decade, leaving Britain with the draughtiest homes in
Europe. We have launched the biggest public investment in home
upgrades and electrification in British history with the Warm
Homes Plan.
- Labour identified 10 sites for
new nuclear power in 2009, however the Tories sat on their
hands for 14 years, and as a result not one new nuclear station
was completed on their watch. We have launched the biggest
nuclear building programme in 50 years, backing Sizewell C and
a fleet of small modular reactors to be built by Rolls Royce in
Wales.
- The Conservatives failed to build the grid we need, meaning
businesses face years of delays to connect to our decades-old
infrastructure. We are reforming the grid queue to remove zombie'
projects and finally building the infrastructure our country
needs.
- Industry groups including the CBI have consistently opposed
the Conservative's anti-net zero policies as bad for investment
and bad for business - CBI responds to calls to
abolish Climate Change Act | CBI
Clean energy is lowering bills in
Britain:
- We are making electricity cheaper, by cutting VAT on
electricity bills and removing £150 of costs off bills at the
last Budget, supporting electrification while we deliver the
long-term investment needed to bring bills down for good.
- Renewables are the cheapest form of electricity generation to
build andoperate - and independent analysis shows they reduced
wholesale electricity prices by up to a quarter in 2024. In our
last auction the new offshore wind we have procured is 40%
cheaper than building and operating new gas - and onshore wind
and solar more than 50% cheaper. Energy & Climate
Intelligence Unit | Analysis: Growth in British
- Clean power is making a difference now. In the latest price
cap gas bills rose by 24% compared to around 5% for electricity
bills. This reflects increased renewable generation on the system
and reduced reliance on gas to generate our electricity.
Energy price cap will
rise by 13% from July | Ofgem
