Commons Sense

House of Commons · Ministers' Questions

Electricity Market Review

Tuesday 27 February 2024 · 3 questions

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Answered 1 Partly answered 2 Not answered 0

Key points

  • The Government plan to publish the second consultation imminently on the review of electricity market arrangements.
  • The Government are moving on from an inheritance of less than 7% renewables, now up to over 40%.
  • The Government have committed to looking at rebalancing system costs across electricity and gas to ensure people benefit from a heat pump.

Topics (select to filter)

Questions & Answers

Q1 Andrew Selous Con
Energy
Context

There is an ongoing review of the GB electricity market arrangements.

Question

When does the government plan to publish the second consultation on the review of electricity market arrangements?

Answer from Graham Stuart

The Government plan to publish the second consultation imminently. It will set out a clear direction on how the GB electricity market arrangements will evolve to keep electricity bills as low as possible for consumers of all types.

Answered
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Q2 Andrew Selous Con
Climate Energy
Context

Residents in areas with significant renewable production are asking about the benefits of hosting such infrastructure.

Question

When will we see cheaper electricity from renewables, and when will people in areas with a lot of renewable production benefit from lower prices due to hosting that infrastructure?

Answer from Graham Stuart

The Government are moving on from our inheritance of less than 7% renewables, now up to over 40%. Every day we add to that displaces gas and lowers bills for people. We already have solar, onshore wind developers providing benefits to consumers.

Partly answered

Not addressed: Timelines and specific plans for price reductions in areas hosting renewable infrastructure were not provided.

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Q3 George Howarth Lab
Energy
Context

Homeowners considering switching to a heat pump struggle with accurate information about the benefits and costs.

Question

Will the Minister consider issuing new guidance that makes clear both the costs and the benefits of switching to a heat pump?

Answer from Graham Stuart

It can be a complex matter. The Government have committed to looking at rebalancing system costs across electricity and gas, ensuring people benefit from a heat pump providing warmth and low bills.

Partly answered

Not addressed: Commitment to issuing new guidance was not explicitly made.

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