Energy

(asked on 8th July 2019) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether decisions on the next Revenue = Incentives + Innovation + Outputs price control period will include the requirement for energy networks to deliver the Government's policies set out in the (a) Industrial Strategy and (b) Clean Growth Strategy.


Answered by
Chris Skidmore Portrait
Chris Skidmore
This question was answered on 16th July 2019

Network regulation, including gas and electricity network price controls, is a matter for Ofgem as the independent energy regulator and, by law, must be set independently of Government. Government expects network companies and regulators to act in the best interests of consumers including in relation to Government’s net zero and clean growth ambitions, and taking into account the industrial strategy. As an independent arm’s length body, whose objectives are set out in statute, Ofgem is directly accountable to Parliament.

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