Energy: Prices

(asked on 22nd 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, what assessment he has made of the potential merits of decoupling the cost of renewable energy from gas prices.


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

The Review of Electricity Market Arrangements (REMA) is considering how to reduce the role of gas as a price setter for electricity. This includes reforms for bringing forward investment in low carbon generation, leading to less frequent use of gas, as well as options around wholesale market reform.

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