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1078507
registered interest false more like this
date less than 2019-02-27more like thismore than 2019-02-27
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 Energy: Prices 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 assessment his Department has made of the potential effect on consumer energy prices of the UK leaving the EU (a) with and (b) without a deal. more like this
tabling member constituency Croydon North more like this
tabling member printed
Mr Steve Reed more like this
uin 226673 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-03-04more like thismore than 2019-03-04
answer text <p>The UK is seeking broad energy cooperation with the EU including arrangements for trade in electricity and gas, cooperation with EU Agencies and bodies, and data sharing to facilitate market operations. All these are designed to ensure continuity in terms of effects on consumer energy prices. In line with our continued commitment to ensuring that business is prepared for EU Exit in all scenarios, we set out the implications of no deal for UK energy in our technical notices on trading electricity and gas. In either scenario, the UK’s exit from the EU will not alter the fact that our energy system is resilient, secure and drawn from a number of sources. The UK will remain physically linked to the EU post-exit through interconnectors, and the UK gas market is one of the most liquid and developed markets in the world and provides security through diversity of supply, the majority of which does not depend on the EU.</p> more like this
answering member constituency Devizes more like this
answering member printed Claire Perry more like this
question first answered
less than 2019-03-04T13:51:15.07Zmore like thismore than 2019-03-04T13:51:15.07Z
answering member
3974
label Biography information for Claire Perry more like this
tabling member
4268
label Biography information for Steve Reed more like this