I begin by congratulating the right hon. Member for North Somerset (Dr Fox) on his success in the ballot and on bringing his Bill to the House today. He can perhaps now be described as a private Member’s Bill specialist, and the skill in that is to pick issues that allow the House to come to some sort of agreement and for which people want private Members’ Bills. I listened intently to what he had to say and—I will be honest with him—I have some concerns about his Bill, but I can tell him that I have amended my own speech in response to some of his points, so I genuinely listened to the case he put forward.
The right hon. Member gave a detailed account of how these matters have affected his constituents. He was right to say that the proposals are of national significance. That is because the debate comes at a time when this country faces several converging emergencies: the energy bills crisis is impacting deeply on millions of families and businesses across the country, the energy security crisis has been exposed by Russia’s illegal invasion of Ukraine and, of course, on the climate crisis, the UN tells us that we are on course for 2.8° C of catastrophic global warming.
Those crises all call for a sprint to renewable and nuclear energy. That is why the Labour party has set out our plans to make Britain a clean-energy superpower by 2030. I think we all agree that that is also the best way to keep energy bills low, tackle the climate emergency and create good jobs for the future. Achieving that mission is not just about building more kit—more nuclear plants, wind turbines or solar panels—but about establishing storage capacity to manage peaks in energy demand, new ways of balancing the grid and, most of all, very comprehensive improvements to our electricity infrastructure to expand the grid to new sources of energy. That is why the Bill is particularly relevant and important.
My understanding from listening to the right hon. Member is that, fundamentally, he wants to create an independent process whereby compensation can be determined for landowners whose land is required for the transmission of electricity or gas. I assume he intends that compensation to involve increasing the price currently paid for the land above the agricultural value that is commonly applied when such land is acquired through a compulsory purchase order. He made an excellent speech, and the way in which he articulated the specific cases of his constituents was very powerful—particularly when he pointed out that
local property searches had not revealed the Hinkley infrastructure, which would impose a considerable burden on people.
I cannot say to the right hon. Member that I am fully convinced that what we need is new legislation to do this better. Expanding the transmission of electricity and gas is vital for the future health of our economy, not just as the bedrock of our clean energy future. In my role I have the privilege of meeting representatives of a range of companies every day, and they all tell me that one thing that holds them back from investing in the UK and growing their business is the time that it takes to secure the necessary expansions of the grid network. A few weeks ago, representatives of a company in Newcastle told me that it had been offered a grid connection by 2040.