Skip to main content

Written question asked by Earl Russell (Liberal Democrat) on Wednesday, 25 March 2026, in the House of Lords. It was due for an answer on Friday, 10 April 2026. It was answered by Lord Whitehead (Labour) on Friday, 10 April 2026 on behalf of the Department for Energy Security and Net Zero.


Energy: Prices

Question

To ask His Majesty's Government what steps they are taking to decouple the price of wholesale electricity from the cost of gas beyond moving more renewables into Contracts for Difference.

Answer

Accelerating the deployment of renewable generation, as we are through our Clean Power 2030 Mission, will reduce the amount of time when gas is setting the price and will help to decouple electricity from gas prices without the need for more complex arrangements.

The Government is determined to increase the share of renewables on the system so that the electricity price is set by cheaper clean power sources rather than gas. Every wind turbine we switch on and solar panel we deploy helps push gas off as the price setter.


Secondary information

Type
Written question
Reference
HL16017
Session
2024-26
Subjects
Electricity Natural gas Prices
Link
View this Written question on www.parliament.uk