Fuels: Regulation

(asked on 8th March 2022) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans his Department has to introduce regulation for unregulated fuels used for domestic heating including oil, LPG, solid fuel and biofuel.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 16th March 2022

Network utilities, such as the gas and electricity markets, are considered natural monopolies, characterised by high fixed costs. The heating oil, LPG and solid fuel markets do not share these characteristics, and so are not regulated by Ofgem.

The Government keeps the operation of consumer markets under review, but there are no plans for new regulation of these markets.

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