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1699967
registered interest false more like this
date less than 2024-04-12more like thismore than 2024-04-12
answering body
Department for Energy Security and Net Zero more like this
answering dept id 215 more like this
answering dept short name Energy Security and Net Zero more like this
answering dept sort name Energy Security and Net Zero more like this
hansard heading Electricity: Trade Competitiveness 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 Energy Security and Net Zero, whether her Department has made an assessment of the potential impact of recoupling the GB and EU day-ahead electricity markets without recoupling the intraday markets on the competitiveness of wholesale electricity markets. more like this
tabling member constituency Southampton, Test more like this
tabling member printed
Dr Alan Whitehead more like this
uin 20832 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-04-18more like thismore than 2024-04-18
answer text <p>In 2021, HMG consulted on current arrangements for trading electricity on power exchanges in the GB wholesale electricity market and outlined proposals to support efficient cross-border trading. That consultation focused on day-ahead trading but also sought views on the intraday timeframe.</p><p> </p><p>HMG’s consultation response outlined the intention to legislate to achieve a single GB clearing price in the day-ahead timeframe, subject to engagement with the UK-EU Specialised Committee on Energy, industry and stakeholders to ensure HMG is well placed to make a final decision on progressing legislation. HMG confirmed development of efficient arrangements in other timeframes should remain under review.</p><p> </p><p><a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fconsultations%2Fre-coupling-great-britain-electricity-auctions-for-cross-border-trade&amp;data=05%7C02%7CParliamentary.PQ%40energysecurity.gov.uk%7C9dbf59c61a9840a5fc6108dc5eb48023%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638489376545896472%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=1jIrxOoYdZ9KDXIcs7XbqjXkva8LU8q8cAtzpOs3nyM%3D&amp;reserved=0" target="_blank">https://www.gov.uk/government/consultations/re-coupling-great-britain-electricity-auctions-for-cross-border-trade</a></p>
answering member constituency West Aberdeenshire and Kincardine more like this
answering member printed Andrew Bowie more like this
question first answered
less than 2024-04-18T05:58:51.28Zmore like thismore than 2024-04-18T05:58:51.28Z
answering member
4601
label Biography information for Andrew Bowie more like this
tabling member
62
label Biography information for Dr Alan Whitehead more like this