Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what comparative assessment his Department has made of the potential merits of using the (a) Supplier of Last Resort or (b) Special Administration Regime process for energy companies that go out of business as a result of increases in wholesale energy prices.

This is a judgment for Ofgem, who assess the circumstances of the failed supplier and the supply market at the time. If Ofgem considers a Special Administration Regime appropriate, Ofgem will make an application, with the consent of the Secretary of State, to the Court for a decision to place a company into special administration.