Question to the Department for Energy Security & Net Zero:

To ask His Majesty's Government when they expect to break the link between electricity bills and volatile international gas prices.

Government is already breaking the link between wholesale gas prices and consumer bills by accelerating the deployment of low-cost renewable electricity technologies to reduce our reliance on international fossil fuel markets.

Furthermore, Government plans to offer legacy low-carbon generators the option to move onto fixed price contracts, known as Contracts for Difference (CfDs). We will consult this year and intend to run an allocation process in 2027 to award such contracts.

Finally, Government has acted to tax excess profits by raising the rate of the Electricity Generator Levy from 45% to 55%, ensuring a proportion of any exceptional revenues is available to Government to support households with their cost of living.