Electricity: Prices
Commons · Question 5842 · Tabled 1 Jun 2026 · Department for Energy Security and Net Zero · Official record
Answered 9 Jun 2026
Question
Asked by Markus Campbell-Savours
To ask the Secretary of State for Energy Security and Net Zero, what progress his Department has made in reducing the influence of gas prices on wholesale electricity prices.
Answer
Answered by Michael Shanks, 9 Jun 2026
Government is accelerating the deployment of low-cost renewable electricity technologies to reduce our reliance on international fossil fuel markets. The existing Contracts for Difference (CfD) scheme has been successful in bringing forth new renewable as...