Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will take steps to extend the Market Stabilisation Charge beyond March 2024.

This is a matter for Ofgem.

Ofgem published a statutory consultation on 25 November on the market stabilisation charge, which closed on the 23 December. Ofgem will publish their decision in early February 2023.