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1611336
registered interest false more like this
date less than 2023-04-17more like thismore than 2023-04-17
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 Generation more like this
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 he has made an assessment of whether Ofgem’s proposed Inflexible Offers Licence Condition will prevent energy companies from cutting off electricity capacity in one plant and offering electricity from another plant at a higher cost; and what estimate he has made of how much revenue energy companies have potentially made via balancing payments in each of the last five years. more like this
tabling member constituency Ceredigion more like this
tabling member printed
Ben Lake more like this
uin 180964 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2023-04-20more like thismore than 2023-04-20
answer text <p>There are many factors that have driven the rise in balancing costs over recent years, including an ongoing and growing need to take actions to maintain system security and high energy prices throughout the wholesale market which have increased the costs of these balancing actions.</p><p>It is critical in all times that consumers pay a fair price for their energy. Ofgem have consulted on new rules to protect consumers from the high balancing costs witnessed in recent years and are working to introduce these new rules later this year. It would not be appropriate for me to comment on the effectiveness of the proposals at this stage.</p><p>Balancing costs over the last five years were:</p><p>- £1.2bn in 2018/2019</p><p>- £1.3bn in 2019/2020</p><p>- £1.9bn in 2020/2021</p><p>- £3.1bn in 2021/2022</p><p>- £3.9bn in 2022/23 (note: incomplete as March 2023 data is not yet available)</p><p> </p><p><em>Source: National Grid ESO Monthly Balancing Services Summary data.</em></p> more like this
answering member constituency Derby North more like this
answering member printed Amanda Solloway more like this
question first answered
less than 2023-04-20T15:06:13.267Zmore like thismore than 2023-04-20T15:06:13.267Z
answering member
4372
label Biography information for Amanda Solloway more like this
tabling member
4630
label Biography information for Ben Lake more like this
1309079
registered interest false more like this
date less than 2021-04-14more like thismore than 2021-04-14
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 Environment Protection more like this
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 steps his Department is taking to ensure consumers and businesses have access to redress and other consumer protections in emerging low-carbon markets. more like this
tabling member constituency Makerfield more like this
tabling member printed
Yvonne Fovargue more like this
uin 180964 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2021-04-19more like thismore than 2021-04-19
answer text <p>As a Competent Authority, the energy regulator Ofgem, has an obligation to ensure Alternative Dispute Resolution is provided in the energy sector under the Alternative Dispute Resolution for Consumer Disputes (Competent Authorities and Information) Regulations 2015.</p><p> </p><p>Ofgem has appointed Ombudsman Services: Energy as the redress provider in the energy sector and has set out the types of dispute that Ombudsman Services: Energy can resolve, including issues relating to billing, sales, switching, supply, micro-generation and Feed in Tariffs.</p><p> </p><p>Consumer protection continues to be a central part of policy considerations in relation to new energy markets, for example we have recently consulted on extending access to redress to heat network customers.</p> more like this
answering member constituency Berwick-upon-Tweed more like this
answering member printed Anne-Marie Trevelyan more like this
question first answered
less than 2021-04-19T15:40:46.613Zmore like thismore than 2021-04-19T15:40:46.613Z
answering member
4531
label Biography information for Anne-Marie Trevelyan more like this
tabling member
4034
label Biography information for Yvonne Fovargue more like this