Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of reforming the (a) energy price cap, (b) wholesale energy markets and (c) electricity grid to deliver lower and stable energy costs.
We are considering how our policies should evolve and will continue to be guided by our commitment to meeting carbon budgets, maintaining energy security, and ensuring cost effectiveness. We will also continue to adopt a system-wide approach in assessing the case for any changes.