Energy Supply: Prices

(asked on 26th October 2021) - 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 steps the Government plans to take to help ensure (a) stable and (b) affordable energy prices over future years.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 2nd November 2021

The Government has set out a clear plan to decarbonise our power grid and will continue to build a robust domestic renewable energy sector so that the UK is not as exposed to global trends in natural gas supply and demand.

Competition is the most effective and sustainable way to keep prices low for all consumers. Throughout the transition to net zero, consumers should pay a fair, affordable price for their energy. As the net zero strategy sets out, this will be a key aim when making reforms to the energy retail market.

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