United Kingdom · Question · Written question
UIN 35407
Electricity: Prices
Original
Introduced
4 March 2025
Last action
12 March 2025 · Answer
Status
Answered
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Discovery layer
Source updated
12 March 2025
Summary
To ask the Secretary of State for Energy Security and Net Zero, whether he plans to take steps to decouple electricity prices from the wholesale gas price.
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Timeline
4 March 2025
Written question
To ask the Secretary of State for Energy Security and Net Zero, whether he plans to take steps to decouple electricity prices from the wholesale gas price.
Source: Commons
12 March 2025
Answer
The electricity market in GB operates on the principle of marginal pricing, whereby the price of electricity is set by the last technology needed to meet overall demand. In the current market, gas prices often set the wholesale electricity price because i...
Source: Written answer
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- · Department for Energy Security and Net Zero · Answering body
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2025-03-04/35407
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1780980
- uk · wq-1780980 · source updated 12 March 2025