Committees

The cost of energy

Inquiry

In October last year the Committee published its interim report on the high costs of energy in the UK making recommendations on how costs fall on consumers in the retail side of the sector.  

In the second part of this inquiry, the Committee is looking at where costs arise in the system that result in higher costs to bill payers such as upgrades to the national electricity grid and building new sources of energy generation and how those costs could be reduced.  These costs constitute a growing part of the household bill.

The inquiry will also examine where the balance should be struck on where system and decarbonisation costs are placed, and how technology, in addition to behavioural changes, help balance supply and demand as we move to an era of renewable, clean energy generation.

This inquiry is no longer accepting evidence

The deadline for submissions was 5:00pm on 8 April 2025.

Upcoming events

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No upcoming events scheduled

Past events

Tuesday 17 March 2026
3:00pm Public
The cost of energy - Oral evidence 17 March 2026
3:00pm
  • Michael Shanks MP (Minister for Energy at Department for Energy Security and Net Zero)
  • Jonathan Mills CB (Director General for Energy Markets and Supply at Department for Energy Security and Net Zero)
The Grimond Room, Portcullis House
Wednesday 4 March 2026
3:00pm Public
The cost of energy - Oral evidence 4 March 2026
3:00pm
  • Jonathan Brearley (Chief Executive at Ofgem)
  • Akshay Kaul (Director General for Infrastructure at Ofgem)
  • Fintan Slye (Chief Executive Officer at National Energy System Operator (NESO))
  • Claire Dykta (Director of Strategy and Policy at National Energy System Operator (NESO))
The Wilson Room, Portcullis House
Wednesday 21 January 2026
3:00pm Public
The cost of energy - Oral evidence 21 January 2026
3:00pm
  • Lawrence Slade (Chief Executive at Energy Networks Association)
  • Katrina Young (Practice Manager for Heat Policy and Local Energy at Energy Systems Catapult)
  • Dr Waqquas Bukhsh (Senior Lecturer, Department of Electronic and Electrical Engineering at University of Strathclyde)
4:00pm
  • Dr Alastair Martin (Chief Strategy Officer at Flexitricity)
  • Sarah Honan (Head at ADE: Demand)
  • Professor Jacopo Torriti (Professor of Energy Economics and Policy at University of Reading)
The Thatcher Room, Portcullis House
Wednesday 10 December 2025
3:00pm Public
The cost of energy - Oral evidence 10 December 2025
3:00pm
  • Susie Elks (Senior Policy Advisor at E3G)
  • Tom Edwards (Principal Modeller at Cornwall Insight)
  • Professor Michael Grubb (Professor of Energy and Climate Change and Director of UCL Centre for Net Zero Market Design at UCL)
4:00pm
  • Ana Musat (Executive Director, Policy & Engagement at RenewableUK)
  • Tom Glover (UK Country Chair at RWE)
  • Adam Bell (Director of Policy at Stonehaven)
The Thatcher Room, Portcullis House

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