Energy Supply: Finance
Commons · Question 108567 · Tabled 26 Jan 2026 · Department for Energy Security and Net Zero · Official record
Answered 3 Feb 2026
Question
Asked by James McMurdock
To ask the Secretary of State for Energy Security and Net Zero, what mechanisms he has in place to monitor the financial situation of major energy suppliers; and whether any energy supplier has been subject to enhanced monitoring in the last three years.
Answer
Answered by Martin McCluskey, 3 Feb 2026
Ofgem, as the independent regulator, actively monitors the market using both direct and proxy information to identify any risks of supplier failure.Any reporting relating to Ofgem’s enhanced monitoring is a matter for Ofgem to communicate, given the comme...