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17 March 2026 - The cost of energy - Oral evidence

Committee Energy Security and Net Zero Committee
Inquiry The cost of energy

Tuesday 17 March 2026

Start times: 2:30pm (private) 3:00pm (public)


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Ministers face ESNZ questions on UK energy costs in wake of action on Iran 

In the final session of its inquiry into the cost of energy the Energy Security and Net Zero Committee will question Energy minister Michael Shanks on what is next for UK energy bills.  

The second part of the Committee’s inquiry has focused on the “non-commodity” costs on our energy bills - policy costs, network costs, debt – that are predicted to keep energy bills high even if the wholesale price of gas came down to zero.  

But with the conflict with Iran, the wholesale price is now only expected to rise.  

What is the UK Government going to do now to weather another fossil fuel price crisis and mitigate the impact of future ones?

Meeting details

At 3:00pm: Oral evidence
Inquiry The cost of energy
Minister for Energy at Department for Energy Security and Net Zero
Director General for Energy Markets and Supply at Department for Energy Security and Net Zero

Location

The Grimond Room, Portcullis House

How to attend