Amber Rudd – Brexit could see UK energy costs rocket by half a billion pounds
By Paul Homewood
Energy Secretary, Amber Rudd, has joined in the Project Fear campaign to dissuade Brexit voters. In a speech yesterday, she claimed that UK energy costs could rocket by £500 million.
Apparently this is based on a report from the National Grid, which she describes as “neutral in this debate” (yes, pull the other one Amber!)
She offers no explanation for these extra costs, other than:
The European internal energy market is about making sure it is cheaper and easier for us to buy and sell energy.
Without barriers – a level playing field.
This is Britain’s agenda – trade and liberalisation to drive down prices – which has now been embraced by the rest of Europe.
It was Britain that pushed to break up the monopolies on building cross-border cables, like the one we are at today, exposing them to proper competition that drives down costs and ensures real value for money.
It has been estimated that a fully integrated internal energy market could save up to £50bn per year by 2030.
Existing EU energy efficient product standards for items such as TVs, fridges and washing machines, will save UK households an average of £60 on their energy bills this year, rising to £120 a year by 2020.
And that’s ignoring the benefits of new and tighter product standards in the future.
That would mean lower bills not just for families and businesses across Europe, but right here in Britain.
Does she seriously believe that the French and Dutch will stop selling us their surplus power? As for product standards, why do we have to stay in the EU to adopt standards which make sense for the UK?
She goes on to say:
And over the next five years we intend to double our ability to import electricity with similar new connections to France, Belgium and Norway. And there are potential new projects with Denmark, Iceland and Ireland further down the track.
These new connections alone could save British households nearly £12bn over the next two decades by driving down the price of electricity.
They act as an extension lead to the vast European energy market, bringing cheap electricity from the continent.
They are the perfect example of how being in Europe helps to deliver energy security at home.
She apparently has not realised that Norway and Iceland are not in the EU.
Not to be outdone by Cameron and his cronies, Amber even introduces the bogeyman, Vladimir Putin:
By 2030, even if we develop the potential of UK shale gas, we are expected to import about three quarters of our gas.
In other words, we will have to continue to work with our closest neighbours to deliver energy security in the future.
Relying on energy from abroad is not without risk.
We have seen how countries such as Putin’s Russia use their gas as a tool of foreign policy. Threatening to cut off supplies or drastically increase prices.
We mustn’t let our energy security be hijacked as a political pawn to bring Europe to its knees.
By working together in the European Union we can stop this becoming a reality.
As a bloc of 500m people, we have the power to force Putin’s hand.
As she ought to know, her own Department’s statistics show that we don’t import any gas from Russia. Most in fact comes from Norway and Qatar. We have managed to negotiate good deals for these without the help of the good Frau or Mr Juncker.
|4.5 Natural gas imports and exports (1)||
|by pipelines from:||
|The Netherlands (3)||70,293|
|Liquefied Natural Gas (5)||123,912|
|Trinidad & Tobago||4,004|
|The Netherlands (6)||18,852|
|Republic of Ireland (8)||49,004|
|Net Imports (9)||349,256|
I find it extraordinary that Amber is concerned about half a billion, when her own Department’s policies will be adding £12.3 billion to our bills in five years time.
But, there again, she also says “The global deal in Paris is in the UK’s interests, and frankly we wouldn’t have got it without being part of the EU”. We should not take any notice of anybody so deluded.