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Written question asked by Caroline Flint (Labour) on Wednesday, 19 November 2014, in the House of Commons. It was due for an answer on Friday, 21 November 2014. It was answered by Matt Hancock (Conservative) on Wednesday, 26 November 2014 on behalf of the Department of Energy and Climate Change.


Energy: Prices

Question

To ask the Secretary of State for Energy and Climate Change, pursuant to the Answer of 11 June 2014 to Question 198624, by which process his Department estimates wholesale (a) electricity and (b) gas prices.

Answer

Wholesale prices reported in Question 198624 represented the average of each days “day ahead” price for electricity and gas over the named months. These are based on market prices provided to us on a commercial basis by Marex Spectron and ICIS Heren for electricity and gas respectively.


Secondary information

Type
Written question
Reference
215253
Session
2014-15
Related items
Energy: Prices
Wednesday, 11 June 2014
Written questions
House of Commons
Energy: Prices
Monday, 8 December 2014
Written questions
House of Commons
Subjects
Energy Prices
Link
View this Written question on www.parliament.uk