The concern is the inelasticity of prices, especially in their coming down. I am pleased that the Competition and Markets Authority is looking at the market. Does my right hon. Friend agree that a solution to price volatility would be to move from centralised energy production to a system whereby individual customers—SMEs—produce their own energy, increasing long-term competition in the sector?
Energy Prices
Proceeding contribution from
Paul Uppal
(Conservative)
in the House of Commons on Wednesday, 18 June 2014.
It occurred during Opposition day on Energy Prices.
Type
Proceeding contribution
Reference
582 c1192
Session
2014-15
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2022-08-30 18:23:51 +0100
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