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1167106
registered interest false more like this
date less than 2019-10-29more like thismore than 2019-10-29
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Electricity Generation: Carbon Emissions remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans the Government has to support electricity network companies as they work to enable the transition to a low carbon economy. more like this
tabling member constituency Clacton remove filter
tabling member printed
Giles Watling more like this
uin 7229 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-11-04more like thismore than 2019-11-04
answer text <p>Government expects network companies to work with Ofgem, the independent regulator, to ensure a settlement for the upcoming set of energy network price controls which is fair to investors and consumers, including in relation to Government’s net zero and clean growth ambitions. Network regulation is a matter for Ofgem. By law, Government has no role in this process.</p><p> </p><p>Ofgem has recently taken steps in this regard. In August 2019 Ofgem published an open letter, asking network companies across all sectors to clearly propose and evidence how their business plans for the next price controls are able to adapt to support delivery of the net zero target. Final business plans for electricity transmission will be submitted to Ofgem in December, with determinations to be made by the regulator in 2020 ahead of those new price controls starting in April 2021.</p><p> </p><p>Ofgem has also published an open letter consultation on the proposed framework for the next electricity distribution price control starting two years later in April 2023. In this letter Ofgem states it is considering including a more direct link between network company revenues and the achievement of outcomes outside the delivery of traditional network services, for example the decarbonisation of transport and/or heat. Ofgem expects to confirm its decision on the framework that will apply in December, with further detailed consultation of key regulatory policy areas and approaches, including decarbonisation, scheduled for 2020.</p>
answering member constituency Spelthorne more like this
answering member printed Kwasi Kwarteng more like this
question first answered
less than 2019-11-04T14:01:07.203Zmore like thismore than 2019-11-04T14:01:07.203Z
answering member
4134
label Biography information for Kwasi Kwarteng more like this
tabling member
4677
label Biography information for Giles Watling more like this