Energy Prices Bill

(asked on 13th October 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, with reference to page nine of the Explanatory Notes to the Energy Prices Bill, published on 12 October 2022, with which interested bodies his Department held discussions on the cost-plus revenue facility; and when these discussions took place.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 24th October 2022

The Government has spoken to a wide range of interested bodies about the temporary Cost-Plus Revenue Limit and will invite further engagement through an appropriate consultation, to be launched shortly. The Government has held a series of confidential discussions with a range of low-carbon generator companies who will be directly affected by the policy, as well as with a wider group of generators, retail suppliers, and investors, including via the trade bodies RenewableUK and Energy UK. Discussions have been ongoing since the beginning of September 2022.

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