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Written question asked by Lord Sikka (Labour) on Monday, 22 November 2021, in the House of Lords. It was due for an answer on Monday, 6 December 2021. It was answered by Lord Callanan (Conservative) on Wednesday, 8 December 2021 on behalf of the Department for Business, Energy and Industrial Strategy.


Utilities: Energy Supply

Question

To ask Her Majesty's Government what plans they have to increase the number of suppliers selling (1) gas, and (2) electricity, to (a) households, and (b) businesses.

Answer

The Government believes competition is the best driver of value and innovation in the energy market, giving households and businesses the best deals.

Together with Ofgem, the Government is considering what reforms are needed to improve competition and resilience in the energy retail market. In considering these reforms, the Government will take account of the lessons learned from the current market.

The Government is also working with the energy industry to put it on a more stable footing in the longer-term. This includes continuing to build a robust domestic renewable energy sector so that Government is less exposed to global volatility in natural gas supply and demand.


Secondary information

Type
Written question
Reference
HL4313
Session
2021-22
Subjects
Energy supply Utilities
Link
View this Written question on www.parliament.uk