My hon. Friend raises an interesting point. Certainly, we and, indeed, Ofgem have been looking at how we can reform the wholesale market in a way that deals with the problems. Ofgem’s suggested “secure and promote” reforms—which the Labour party appears not to have read—will ensure that we will have much greater competition in the wholesale market, which means that independent generators will be able challenge the big six and their vertically integrated model. There are, therefore, alternative models to ensure that we get competition working in the generation markets, which has not happened for far too long.
Energy Bills
Proceeding contribution from
Ed Davey
(Liberal Democrat)
in the House of Commons on Monday, 2 December 2013.
It occurred during Ministerial statement on Energy Bills.
Type
Proceeding contribution
Reference
571 c641 
Session
2013-14
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2022-09-16 09:00:05 +0100
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