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Formal meeting (oral evidence session): Ofgem and net zero

Industry and Regulators Committee
Ofgem and net zero

Tuesday 16 November 2021

Start times: 10.30am (private) 10.30am (public)


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Committee hears from investors on regulation and net zero

The Industry and Regulators Committee will hear from energy investors about whether they have enough clarity to make investments in energy and net zero. The Committee will discuss whether the Government has set out policies sufficient to reach a net zero energy system, the potential role of nuclear power and small modular reactors, and how Ofgem’s regulatory framework affects investment in the energy sector.

Meeting details

At 10.30am: Oral evidence
Inquiry Ofgem and net zero
Head of Infrastructure at Aviva Investors
Head of Energy and Natural Resources at KPMG
At 11.30am: Oral evidence
Inquiry Ofgem and net zero
CEO at Rolls -Royce SMR

Possible questions include:

  • Do investors have sufficient clarity to invest in efforts towards net zero and has there been any change in investment intentions following the Government’s recent policy announcements?
  • Do financial investors see a clear difference between investing in renewables and investing in other forms of generation, such as nuclear or fossil fuels?
  • Does Ofgem’s regulatory framework affect wider private investment in the energy sector?
  • What role could nuclear energy, and particularly small modular reactors, play in a future, more renewable energy system?

Location

Room 4A, Palace of Westminster

How to attend