Claire Coutinho pops up in energy talks again as she shadows Net Zero policy for the Conservatives. Former banker, MP since 2019, now Energy/Equalities voice.
Energy bills in Great Britain are forecast to increase significantly from July, with Cornwall Insight predicting a rise to nearly £1,929 annually due to soaring wholesale prices driven by Middle East conflicts. The government is considering targeted support as the current price cap remains until June.
The UK is expected to have sufficient gas supplies this summer despite disruptions caused by the Middle East conflict. Domestic production, imports from Norway, and LNG are expected to meet demand, with prices rising 50%. Ongoing debates focus on domestic drilling and energy security strategies.
The Commons has rejected a Conservative amendment calling for licences to explore Rosebank and Jackdaw. Labour and Conservative MPs clash over energy policy as the government pursues an Energy Independence Bill, while Labour argues for continued fossil fuel use alongside renewables.