Electricity: Transport
The question
To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking to ensure that electricity pricing structures support private sector investment in zero-emission transport infrastructure.
Answered by Michael Shanks
Our announcement on Reformed National Pricing in the summer set out a package of reforms that will deliver a more strategic and coordinated approach to the energy system, provide stronger signals for efficient siting of new assets and improve overall operation efficiency. This will support increased investment by industry in the coming years by encouraging market stability, reducing transitional burdens on industry and transport, and providing certainty for investors.
We will continue to work with stakeholders across industry through the development and delivery of these reforms, ensuring that any associated costs with changes to processes are kept to a minimum.
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