Electricity and Natural Gas: Prices
Commons · Question 13387 · Tabled 25 Jun 2026 · Department for Energy Security and Net Zero · Official record
Answered 3 Jul 2026
Question
Asked by Iqbal Mohamed
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential merits of decoupling electricity and gas prices.
Answer
Answered by Michael Shanks, 3 Jul 2026
The existing Contracts for Difference (CfD) scheme has been successful in bringing forth new renewable assets at fixed, competitive prices. CfDs are already beginning to decouple electricity and gas markets, protecting consumers from gas price volatility....