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101117

	registered interest
	date	27/10/2014
	answering body	Department for Energy and Climate Change
	answering dept id	63
	answering dept short name	Energy and Climate Change
	answering dept sort name	Energy and Climate Change
	hansard heading	Energy: Competition
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Energy and Climate Change, what steps he has taken to help businesses and individuals to switch their gas and electricity suppliers more quickly.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	211929
	answer	answer is ministerial correction date of answer 30/10/2014 answer text <p>We have worked with Energy UK, Ofgem, suppliers and other key industry partners to develop and implement proposals which will enable domestic customers to switch supplier 17 days, half the time it currently takes. The industry code changes to enable to this will come in to force on 6 November and Energy UK members have all committed to offering it by the end of the year. These code changes will also enable more streamlined switching of non-domestic customers.</p><p>The Department is also working with Ofgem to support their proposals for a longer term move to next day switching. A key element of this is the roll out of smart meters.</p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 30/10/2014 17:13:29 answering member 4070 label Biography information for Matt Hancock
	tabling member	1586 label Biography information for Adam Afriyie

155458

	registered interest
	date	11/11/2014
	answering body	Department for Energy and Climate Change
	answering dept id	63
	answering dept short name	Energy and Climate Change
	answering dept sort name	Energy and Climate Change
	hansard heading	Energy: Competition
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Energy and Climate Change, what assessment he has made of changes in competitiveness in the gas and electricity market for consumers in (a) Pendle constituency, (b) the North West and (c) England.
	tabling member constituency	Pendle
	tabling member printed	Andrew Stephenson
	uin	214181
	answer	answer is ministerial correction date of answer 18/11/2014 answer text <p>Great Britain operates as a single energy market and therefore competitiveness is assessed on that basis.</p><p>There are 25 energy suppliers currently operating in the domestic supply market, consisting of 6 major and 19 independent supply companies. Since May 2010, 12 new suppliers have entered the market and they have more than trebled their customer base. Independent suppliers now account for around 9% of the domestic retail market up from 1% in 2010.</p><p>The best way to keep everyone’s bills down is to help people to save energy, ensure fair tariffs and encourage competition. Ofgem’s measures to reform the retail energy market are making it simpler for consumers to understand. While the Government has ensured that everyone is on the cheapest tariff that their supplier offers (that meets their preference).</p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 18/11/2014 15:50:25 answering member 4070 label Biography information for Matt Hancock
	tabling member	4044 label Biography information for Andrew Stephenson

101851

	registered interest
	date	30/10/2014
	answering body	Department for Energy and Climate Change
	answering dept id	63
	answering dept short name	Energy and Climate Change
	answering dept sort name	Energy and Climate Change
	hansard heading	Energy: Competition
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Energy and Climate Change, what steps he is taking to improve competition in the wholesale energy markets.
	tabling member constituency	North Antrim
	tabling member printed	Ian Paisley
	uin	212544
	answer	answer is ministerial correction date of answer 10/11/2014 answer text <p>In recent years we have seen significant improvements in day-ahead wholesale electricity market liquidity. In July 2014 just under 50% of GB final consumption was traded through day-ahead power exchanges. Two years earlier this figure was 28% and 3 years earlier 4.2%1. However, liquidity in forward markets is crucial and this remains a barrier to entry.</p><p>In April 2014 Ofgem introduced its reform package (‘Secure &amp; Promote’2) to improve forward market liquidity and wholesale market access for independent market participants. The Government took backstop powers in the Energy Act 2013 to allow it to act should Ofgem’s liquidity reforms be delayed or frustrated.</p><p>Competition is at the heart of the Government’s Electricity Market Reforms and independent participants have responded positively to pre-qualification for the Capacity Market. Of the 11GW pre-qualified, this includes 7GW of large CCGT plant – more than 5GW of which is from independent generators. In addition the Off-taker of Last Resort has been introduced to address route-to-market concerns of independent renewables developers. We have also seen significant participation from non-integrated utilities in the early Investment Contracts awarded under the FID Enabling for Renewables process – only 2 of the 8 contracts have been awarded to integrated utilities.</p><p>Finally, the independent Competition and Markets Authority is investigating the GB energy markets and will determine whether there are any adverse effects on competition and, if so, what action is required to address them.</p><p> </p><p><em><strong>[1]</strong></em><em> Sources: Elexon, Nord Pool, APX Group</em></p><p><em>2</em><em> <a href="https://www.ofgem.gov.uk/publications-and-updates/wholesale-power-market-liquidity-decision-letter" target="_blank">https://www.ofgem.gov.uk/publications-and-updates/wholesale-power-market-liquidity-decision-letter</a></em></p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 10/11/2014 14:00:19 answering member 4070 label Biography information for Matt Hancock
	tabling member	4129 label Biography information for Ian Paisley