Electricity: Prices
Commons · Question 653 · Tabled 13 May 2026 · Department for Energy Security and Net Zero · Official record
Answered 22 May 2026
Question
Asked by Euan Stainbank
To ask the Secretary of State for Energy Security and Net Zero, what his planned timetable is for implementing reforms to decouple electricity prices from gas prices.
Answer
Answered by Michael Shanks, 22 May 2026
The Government plans to consult later this year on introducing a voluntary Wholesale Contract for Difference (CfD), which would offer existing eligible generators that aren’t already contracted under a CfD the option to seek to agree a fixed price for the...