China Electronics Corporation: Octopus Energy

(asked on 14th November 2022) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, in the context of Octopus Energy's takeover of Bulb, what assessment he has made of the implications for his policies of Octopus Energy’s commercial links with the China Electronics Corporation.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 28th November 2022

In the context of the sale of Bulb to Octopus Energy, the Government has assessed commercial aspects of Octopus. This review has not identified any areas for concern.

The Government’s priority is to ensure continued energy supply to Bulb’s customers at the lowest practicable cost.

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