Lords committee to hear evidence from Department for Business, Energy and Industrial Strategy officials
On Tuesday 29 November 2016 three officials from the UK's Department for Business, Energy and Industrial Strategy (BEIS) will give evidence to the House of Lords Economic Affairs Committee.
This evidence session is part of the Committee's inquiry into ‘The Economics of UK Energy Policy'.
At 3.35pm the Committee will hear from the following officials from BEIS:
- Ashley Ibbett, Director of Clean Electricity
- Dan Monzani, Head of Energy Security
- Paro Konar-Thakkar, Head of Energy Economics and Analysis.
Questions the Committee is likely to ask include:
- The wholesale cost of electricity is falling: why haven't energy bills fallen further and faster?
- How much do measures to encourage low-carbon energy sources, such as offshore wind farms, add to the energy costs for consumers, businesses and industry?
- How did the Government negotiate the Hinkley Point deal?
- What is Plan B if Hinkley Point doesn't open on time?
- What impact will Brexit have on energy policy?
The Committee is exploring the present mix of policy interventions and subsidies in the energy market. The core question which it is seeking to answer is: “What are the failures, if any, in the energy market and what measures are needed to correct them?”
The evidence session will take place at 3.35pm on Tuesday 29 November 2016 in Committee Room 1 of the House of Lords.
