Electricity: UK Trade with EU
The question
To ask the Secretary of State for Energy Security and Net Zero, if he will make an assessment of the potential impact of dynamic alignment with the EU electricity market on deregulation.
Answered by Michael Shanks
We will negotiate an electricity agreement with the EU to cut the cost of trading electricity with European partners, strengthen our energy security, drive investment in the North Sea, and help to achieve our Clean Power 2030 Mission. The detail of commitments in this agreement, as with other areas, is a matter for negotiations. This does not change the Government’s plans to ensure regulators and regulation support growth.
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