Committees

Energy pricing and the future of the Energy Market

Inquiry

The Business, Energy and Industrial Strategy Committee is holding an inquiry on Energy pricing and the future of the Energy Market.

The Committee’s inquiry on the retail energy market follows unprecedented surges in wholesale energy prices since the summer and with a number of firms going out of business, including Bulb, Britain’s seventh-biggest supplier with 1.6 million households as customers.

The inquiry will examine the extent to which the policy and regulatory environment has contributed to the current issues affecting the energy market, the impact on consumers of rising energy prices, and the operation of the energy price cap.

The BEIS Committee’s inquiry follows an evidence session with Rt Hon Kwasi Kwarteng MP, Secretary of State for Business, Energy and Industrial Strategy, on 22 September, on Government measures to support the energy industry and protect consumers. The Committee also heard from regulator, Ofgem: trade body, Energy UK, and fuel poverty charity, National Energy Action.

Read the call for evidence for more information about this inquiry.

This inquiry is no longer accepting evidence

The deadline for submissions was 11:55pm on 31 January 2022.

Upcoming events

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No upcoming events scheduled

Past events

Tuesday 24 May 2022
10:45am Private
11:15am Public
Energy pricing and the future of the Energy Market - Oral evidence 24 May 2022
11:15am
  • Dermot Nolan (former CEO at Ofgem)
12:00pm
  • Jonathan Brearley (Chief Executive Officer at Ofgem)
  • Neil Lawrence (Director of Retail at Ofgem)
  • Neil Kenward (Director of Strategy and Decarbonisation at Ofgem)
1:00pm
  • Rt Hon Kwasi Kwarteng MP (Secretary of State at Department for Business, Energy & Industrial Strategy)
  • Daniel Osgood (Director, Energy Security, Markets & Analysis at Department for Business, Energy & Industrial Strategy)
Room 8, Palace of Westminster
Tuesday 19 April 2022
10:00am Private
10:30am Public
Energy pricing and the future of the Energy Market - Oral evidence 19 April 2022
10:30am
  • Michael Lewis (CEO at E.ON)
  • Simone Rossi (CEO at EDF)
  • Keith Anderson (CEO at ScottishPower)
  • Chris O’ Shea (CEO at Centrica)
11:30am
  • Hayden Wood (CEO & Co-Founder at Bulb Energy)
12:15pm
  • Jake Brown (CEO at Avro Energy)
Room 8, Palace of Westminster
Tuesday 22 March 2022
9:45am Private
10:30am Public
Energy pricing and the future of the Energy Market - Oral evidence 22 March 2022
10:30am
  • Gillian Cooper (Head of Energy Policy at Citizens Advice)
  • Martin Lewis CBE (Chair at Money Saving Expert)
11:50am
  • Nishma Patel (Policy Director at Chemical Industries Association)
  • Dr Richard Leese (Chair at Energy Intensive Users Group)
  • Paul Wilson (Policy Director at Federation of Small Businesses)
11:10am
  • Rachel Fletcher (Director Regulation and Economics at Octopus Energy)
  • Simon Oscroft (Co-Founder at So Energy)
Room 8, Palace of Westminster
Tuesday 8 February 2022
9:45am Private
10:30am Public
Energy pricing and the future of the Energy Market - Oral evidence 8 February 2022
10:30am
  • Jonathan Brearley (Chief Executive Officer at Ofgem)
  • Neil Kenward (Director of Strategy and Decarbonisation at Ofgem)
  • Neil Lawrence (Director of Retail at Ofgem)
11:30am
  • Peter Smith (Director of Policy and Advocacy at National Energy Action)
  • Jonathan Marshall (Senior Economist at The Resolution Foundation)
  • Stephen Fitzpatrick (Founder at OVO Energy)
  • Emma Pinchbeck (Chief Executive at Energy UK)
Room 6, Palace of Westminster

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