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536137

registered interest
date	13/07/2016
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	Energy: Imports
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 12 July 2016 to Question 42023, whether his Department has made an assessment of the potential effect of exchange rate fluctuations following the EU referendum on the (a) cost to the UK of importing energy and (b) levels imported; and if he will make a statement.
tabling member constituency	Coventry South
tabling member printed	Mr Jim Cunningham
uin	42653
answer	answer is ministerial correction date of answer 25/07/2016 answer text <p>The Department has not made an assessment of the potential effect of exchange rate fluctuations on the levels or cost to the UK of imported energy following the EU referendum.</p><p> </p><p>It is too early to speculate on any resulting medium and long-term exchange rate fluctuations. Furthermore, exchange rates are only one of the factors that will influence volumes and costs of imported energy.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 25/07/2016 08:49:15 answering member 3991 label Biography information for Jesse Norman
tabling member	308 label Biography information for Mr Jim Cunningham

536258

registered interest
date	13/07/2016
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 Interconnectors: Iceland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential effect of the possible long-term exchange rate fluctuations resulting from the outcome of the EU referendum on the viability of the IceLink project; and if he will make a statement.
tabling member constituency	Coventry South
tabling member printed	Mr Jim Cunningham
uin	42676
answer	answer is ministerial correction date of answer 25/07/2016 answer text <p>The UK Government is not considering the Ice Link project.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 25/07/2016 08:46:28 answering member 3991 label Biography information for Jesse Norman
tabling member	308 label Biography information for Mr Jim Cunningham

536259

registered interest
date	13/07/2016
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 Interconnectors: Norway
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential effect of the possible long-term exchange rate fluctuations resulting from the outcome of the EU referendum on the viability of the North Sea Link project; and if he will make a statement.
tabling member constituency	Coventry South
tabling member printed	Mr Jim Cunningham
uin	42677
answer	answer is ministerial correction date of answer 25/07/2016 answer text <p>The North Sea Link interconnector is being developed by National Grid and Statnett as a commercial business. National Grid has confirmed to us that the outcome of the referendum does not affect the delivery of the project and that construction is continuing as planned.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 25/07/2016 08:44:42 answering member 3991 label Biography information for Jesse Norman
tabling member	308 label Biography information for Mr Jim Cunningham