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United Kingdom · Question · Written question

UIN 82264

Utilities: Insolvency

answeredUnited Kingdom· UK Parliament· EN

Introduced

26 November 2021

Last action

2 December 2021 · Answer

Status

Answered

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Discovery layer

Source updated

2 December 2021

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, what comparative assessment his Department has made of the potential merits of using the (a) Supplier of Last Resort or (b) Special Administration Regime process for energy compan

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Timeline

  1. 26 November 2021

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, what comparative assessment his Department has made of the potential merits of using the (a) Supplier of Last Resort or (b) Special Administration Regime process for energy compan

    Source: Commons

  2. 2 December 2021

    Answer

    This is a judgment for Ofgem, who assess the circumstances of the failed supplier and the supply market at the time. If Ofgem considers a Special Administration Regime appropriate, Ofgem will make an application, with the consent of the Secretary of State...

    Source: Written answer

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