Energy: Prices

(asked on 24th November 2017) - View Source

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

To ask Her Majesty's Government what assessment they have made of the findings by Dieter Helm, in his report Cost of Energy Review, commissioned by the Department for Business, Energy and Industrial Strategy, that (1) the legacy costs from the Renewables Obligation Certificates, the feed-in tariffs, and low carbon contracts for difference are a major contributor to rising final prices, and (2) energy prices should be falling, and they should go on falling into the medium and longer terms.


Answered by
Lord Henley Portrait
Lord Henley
This question was answered on 30th November 2017

Professor Helm conducted an independent review. The Government will now take time to assess its findings carefully. We have launched a Call for Evidence to gather views from the energy industry, academics, businesses, consumer groups and other stakeholders.

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