The Prime Minister pledged that this government would be the greenest ever. As the Secretary of State for Energy and Climate Change I am determined to make that a reality. But that is not my only challenge — I also have to make sure that we keep the lights on and keep energy bills as low as possible for the many people who are feeling the pinch.
So the package that I have announced on the level of subsidies for renewable technologies had to strike the right balance between our need to reduce carbon emissions, our energy security and ensuring prices are affordable. I think we have done that. The rate of subsidy for technologies such as onshore and off-shore wind has dropped, reflecting the pressure we are putting on developers to drive down costs. Household bills over the period 2013-17 will be lower than they would be at current subsidy levels.