Energy: Prices
(asked on 18th July 2025) - View Source
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what discussions he had with Ofgem prior to the RIIO GD3 interim settlement for the gas network.
Answered by
Michael Shanks
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
Ofgem’s RIIO3-GD3 interim settlement outlines allowable investment from the gas transmission and distribution operators to maintain safety and resilience in the gas network between April 2026 and April 2031. My Rt. Hon. Friend the Secretary of State has regular discussions with Ministerial Colleagues on a number of issues.
Similarly, the Secretary of State has regular meetings with Ofgem, as the independent energy regulator. Final RIIO-GD3 determinations, including those relating to investment, health and safety, and customer bills are ultimately for Ofgem to determine.