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Written question asked by Daniel Byles (Conservative) on Thursday, 17 July 2014, in the House of Commons. It was due for an answer on Monday, 21 July 2014. It was answered by Matt Hancock (Conservative) on Tuesday, 22 July 2014 on behalf of the Department of Energy and Climate Change.


Natural Gas: Storage

Question

To ask the Secretary of State for Energy and Climate Change, what assessment his Department has made of the effects of the changes made by the Valuation Office Agency to rates for gas storage facilities on security of supply and price stability in the UK.

Answer

Business rates are only one part of a suite of costs faced by gas storage operators and the impact of business rate changes on gas storage sites can only be understood when compared to commercially sensitive information about each gas storage site, to which the Government does not have access. It is not feasible to assess the impact of rate changes in isolation and for this reason we have made no such assessment.


Secondary information

Type
Written question
Reference
206413
Session
2014-15
Subjects
Natural gas Storage
Link
View this Written question on www.parliament.uk