Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what recent discussions she has had with fuel retailers on ensuring that consumer fuel costs reflect falls in wholesale prices.

The former Secretary of State for Energy Security and Net Zero met with fuel retailers in July 2023 to discuss the findings from the Competition and Market Authority’s (CMA) market study and to strongly encourage their participation in the voluntary scheme the CMA has implemented.

The voluntary scheme enables retailers share their up-to-date fuel prices daily until the government puts the CMA recommended road fuel prices open data scheme and monitoring function on statutory footings. We will consult on these changes this autumn. My officials continue to meet with fuel retailers in developing the consultation and I encourage their full engagement in the process.