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Written question asked by Lord Donoughue (Labour) on Friday, 24 November 2017, in the House of Lords. It was due for an answer on Friday, 8 December 2017. It was answered by Lord Henley (Conservative) on Thursday, 30 November 2017 on behalf of the Department for Business, Energy and Industrial Strategy.


Energy: Prices

Question

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.

Answer

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.


Secondary information

Type
Written question
Reference
HL3573
Session
2017-19
Subjects
Costs Energy Electricity generation Prices Carbon emissions Renewables obligation Feed-in tariffs Cost of Energy Independent Review
Link
View this Written question on www.parliament.uk