Energy: Prices

(asked on 8th February 2018) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the answer of 30 January 2018 to Question 124845, on Energy: Prices, what assessment his Department has made of the effect of energy price caps on (a) consumers (b) employment and (c) investment in (i) Canada, (ii) the US, (iii) Spain and (iv) New Zealand; and if his Department will publish that assessment.


Answered by
 Portrait
Claire Perry
This question was answered on 20th February 2018

We have made assessments on other countries regarding their energy policy. In those countries where there were, or had been, price interventions in the energy sector markets were either not previously liberalised, or had only recently been liberalised. This is very different to the situation in Great Britain, and so no useful comparisons can be drawn on the effect on employment and investment in those countries.

Reticulating Splines