Energy

Will Britain’s lack of enthusiasm for shale gas result in a collapse of the government’s whole energy policy? In this week’s Spectator cover feature, Peter Lilley writes we will soon cross this shale rubicon. The former shadow chancellor and advisor to David Cameron vigorously argues that fracking can no longer be ignored in order to make the country’s energy ends meet. On the latest View from 22 podcast, Fraser Nelson discusses Lilley’s theory with Matthew Sinclair of the Taxpayers’ Alliance and the likelihood of another Downing Street u-turn. Will Cameron radically shift the government’s energy policy in an attempt to reduce consumer prices? And can the green lobby be successfully

In association in Centrica How can consumers ensure they are receiving the best possible deal for their energy bills? In this special View from 22 podcast, the Spectator’s political editor James Forsyth discusses issues within in the energy market and some potential solutions for getting the lowest possible energy bills. Is shale gas the answer? Do green subsidies need to be cut? And is the government doing enough to help the consumer? Joining the panel are the Rt Hon Peter Lilley MP, Conservative MP for Hitchin and Harpenden and member of the Select Committee on Climate Change, Peter Moorey, Principal Advocate for Which? Consumer Review services and Ian Peters, the

The mini reshuffle earlier this morning is significant. David Cameron has moved Tory ‘greybeards’ to address problem areas. Cameron’s twitter feed has announced: ‘Delighted John Hayes joining me as a Senior Parliamentary adviser – and Michael Fallon adding a key energy role to his brief.’ Benedict Brogan and Tim Montgomerie have good analyses of what this means. In summary it appears that Hayes, a self-confessed ‘blue collar’ Tory and popular MP, is going briefless to the Cabinet Office to help the PM communicate government policy to the backbenches and the working classes. Hayes speaks in plain language. He has been pushing the energy bill through parliament, and has clashed openly

In all the noise of tomorrow’s Budget, many may not spot a small tweak to the fiscal regime for UK oil and gas. Those of us with a close interest in unconventional oil and gas, however, will be watching closely. Last year the Chancellor announced a consultation on a specific tax regime for onshore shale gas development, the results of which are expected on Wednesday. Press coverage of shale gas is often characterised by myth and hyperbole. For some, it’s the last gasp for fossil fuels; for others, a new source of energy security and the key to bringing down bills for industry and consumers. We are not used to

The Tories in opposition were very keen on their ‘Green Deal’ for making existing housing stock energy efficient. It formed the cornerstone of their pledge when the Coalition formed to be the ‘greenest government ever’. It had its big full launch today, with new loans available for homeowners to insulate their properties and pay back the money through their energy bills. The only problem is that the Green Deal isn’t quite the big all-singing all-dancing deal the government envisaged. The idea was that big businesses would lead the way in providing the scheme, but one of the leading retailers who expressed initial interest in the scheme, Marks and Spencer, isn’t

This week’s Think Scotland column takes a gander, just for once, at the Scottish Green party. Patrick Harvie’s party is in favour of Scottish independence for reasons that, frankly, seem pretty damn unconvincing. I suspect that the Greens, like those parts of the far-left that also favour independence, are liable to be desperately disappointed by life in an independent Scotland and that they will come to realise that it is not much better than their present miserable existence within the United Kingdom. Harvie, of course, rejects the label “nationalist”. He is, he insists, no such thing and you don’t need to be a nationalist to favour independence. Well, maybe not.

Coalition tensions over energy won’t relax with George Osborne’s gas strategy, which he will launch alongside the Autumn Statement tomorrow. The Financial Times reports that the Chancellor’s strategy will approve as many as 30 gas-fired power stations and – in a move that will delight those in his own party – a regulatory regime for shale gas exploitation. Fraser extolled the virtues of shale gas in his Telegraph column in September, describing it as ‘the greatest single opportunity’ facing the government, with the potential to transform energy supply. But Energy Secretary Ed Davey is less enthusiastic, arguing in May that Tory support for shale gas exploitation – known as fracking

When David Cameron made his surprise announcement about forcing energy companies to offer customers their cheapest deal, he added, as an afterthought, that the leader of the opposition had missed the chance to be on the side of the consumer when he was energy secretary. I would be surprised if the average voter knows that Miliband was energy secretary; but, from Cameron’s perspective, the line of attack makes sense: energy prices and the cost of living are vital political issues for this government. The government, then, will be thrilled that Energy Secretary Ed Davey’s plans (which appear to be based largely on Ofgem’s recent ideas about simplifying tariffs: Davey will

David Cameron’s announcement in the House of Commons on Wednesday – that he would force energy companies to give people the lowest tariff – caused a stir. The Downing Street comms machine has been trying to clarify the new policy ever since and we’re only just starting to see a clear idea taking shape. So what are we to make of it? Well, there is almost no competition in the energy market. There are only six big companies, and those are regulated within an inch of their lives. So with no proper competition, you could make the case that government has a role to make sure that customers are properly

David Cameron has arrived in Brussels for a meeting of the European Council, and has offered further helpful clarification of what exactly he means to do about energy bills. The Prime Minister said: ‘I want to be on the side of hard-pressed, hard-working families who often struggle to pay energy bills. That’s what I said in the House of Commons yesterday. We’re going to use the forthcoming legislation, the energy bill, coming up this year so that we make sure, we ensure that customers get the lowest tariffs. That’s what we’re going to do.’ This is still different to what the Prime Minister said in the Commons yesterday. Privately, the