Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, whether his Department has conducted an impact assessment on energy payments to gas fired electricity generators during the winter period December 2024 to February 2025.
The Department for Energy Security and Net Zero has not conducted a formal impact assessment on energy payments to gas fired electricity generators during the winter period December 2024 to February 2025. The Government is working closely with Ofgem and the National Energy System Operator to ensure the Balancing Mechanism, a tool that ensures electricity supply meets demand in real-time, remains competitive and transparent. The Government continues to monitor the Capacity Market - the main tool for ensuring continued security of electricity supply - making improvements where necessary to ensure it remains fit for purpose.