Speeches

Jim Cunningham – 2016 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by Jim Cunningham on 2016-06-28.

To ask the Secretary of State for Energy and Climate Change, pursuant to the Answer of 27 June 2016 to Question 40363, what estimate she has made of the cost of energy imports by the UK in each of the next five years.

Andrea Leadsom

The Department of Energy and Climate Change (DECC) does not produce projections of the cost of energy imports by the UK. The latest available estimate of the cost of UK energy imports is for the year 2015, valued at £37.9 billion.[1] Future costs of energy imports will depend on the volumes traded and also on fuel prices, which are inherently uncertain.

[1] The Office for National Statistics publishes estimates of the value of trade according to internationally agreed classifications (SITC), with category 3 comprising most energy products (coal, crude oil, oil products, gas and electricity). This data is republished by DECC in table G7 of the Digest of UK Energy Statistics (DUKES), and shows estimates of the value of energy trade.