Energy: Imports

(asked on 20th October 2016) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect of trends in the exchange rate on future energy imports; and if he will make a statement.


Answered by
Jesse Norman Portrait
Jesse Norman
Shadow Leader of the House of Commons
This question was answered on 27th October 2016

Departmental officials advise that exchange rates are one of the factors which influence future energy imports and their cost. For example, the cost of importing gas is also affected by the availability and cost of a range of gas supplies, infrastructure constraints and global and regional demand. The cost of importing electricity to the UK through its interconnectors with other European countries is also influenced by the electricity generation mix in Europe, by gas, coal and carbon prices and by the level of electricity demand in the UK and other European countries.

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