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 summarise the four options being examined by Ofgem to reduce wholesale prices for gas and electricity; and when he expects decisions on the lead options to be announced and implemented.
Ofgem, as the independent regulator of the GB gas and electricity markets, continues to examine ways to reduce the impact of the recent unprecedented rise in wholesale gas prices on energy consumers.