Energy: Prices

(asked on 10th April 2026) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what consideration he has given to the potential merits of decoupling regulated electricity prices from gas prices.


Answered by
Michael Shanks Portrait
Michael Shanks
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 20th April 2026

Accelerating the deployment of renewable generation, as we are through our Clean Power 2030 Mission, will reduce the amount of time when gas is setting the price and will help to rapidly decouple electricity from gas prices without the need for more complex arrangements.

The Government is determined to increase the share of renewables on the system so that the electricity price is set by cheaper clean power sources rather than gas. Every wind turbine we switch on and solar panel we deploy helps push gas off as the price setter.

Reticulating Splines