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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 Monday 31 January 2022.

Reports, special reports and government responses

View all reports and responses
Third Report - Energy pricing and the future of the Energy Market
Inquiry Energy pricing and the future of the Energy Market
HC 236
Report
Response to this report
Second Special Report - Energy pricing and the future of the energy market: Responses to the Committee’s Third Report of Session 2022-23
HC 761
Special Report

Oral evidence transcripts

View all oral evidence transcripts
24 May 2022
Inquiry Energy pricing and the future of the Energy Market
Witnesses Department for Business, Energy & Industrial Strategy, and Department for Business, Energy & Industrial Strategy
Oral Evidence
24 May 2022
Inquiry Energy pricing and the future of the Energy Market
Witnesses Ofgem, Ofgem, and Ofgem
Oral Evidence
24 May 2022
Inquiry Energy pricing and the future of the Energy Market
Witnesses Dermot Nolan (former CEO at Ofgem)
Oral Evidence
Citizens Advice (EPM0047)
OVO (EPM0046)
Ofgem (EPM0044)

Contact us

  • Email: commonsbtc@parliament.uk
  • Phone: 020 7219 8586 (General enquiries) | 020 7219 6970 (media enquiries)
  • Address: Business and Trade Committee, House of Commons, London, SW1A 0AA