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min question first answered	2019-09-09T14:01:30.967Z
min answer › question first answered	2019-05-20T16:38:02.36Z
max date tabled	2019-09-25
answer › answering member constituency	Spelthorne
uin	290706
min ddp modified	2019-09-25T18:35:51.373Z

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1146162

registered interest

date

25/09/2019

answering body

Department for Business, Energy and Industrial Strategy

answering dept id

201

answering dept short name

Business, Energy and Industrial Strategy

answering dept sort name

Business, Energy and Industrial Strategy

hansard heading

Electricity: Prices

house id

legislature

25259

pref label	House of Commons

question text

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to Operation Yellowhammer: HMG Reasonable Worst Case Planning Assumptions paragraph 5, what estimate she has made of the level of change to electricity prices in the event of the UK leaving the EU without a deal.

tabling member constituency

Vale of Clwyd

tabling member printed

Chris Ruane

uin

290706

answer

is ministerial correction

date of answer

02/10/2019

answer text

The Government recognises the importance to businesses and households of having access to an affordable, secure and sustainable supply of energy. The Yellowhammer Reasonable Worst Case Planning Assumptions are not based on a single forecast of expected prices. Many factors impact electricity prices including factors such as fuel prices, exchange rates and generation mix.We expect that any change in electricity prices in Great Britain as a result of changes to interconnector trading arrangements would fall within the normal range of market volatility.We assume in this Reasonable Worst Case Planning Assumption that the Single Electricity Market (SEM) shared between Northern Ireland and Ireland may not be able to continue. If this is the case we would expect higher and more volatile electricity prices in Northern Ireland as a result of losing benefits from the more efficient, shared market. By far the best outcome for electricity in Northern Ireland is to maintain the SEM and the Government remains committed to seeking to maintain the SEM in any scenario.

answering member constituency

Spelthorne

answering member printed

Kwasi Kwarteng

question first answered

02/10/2019 15:58:05

answering member

4134

label	Biography information for Kwasi Kwarteng

tabling member

534

label	Biography information for Chris Ruane