Part of Energy Bill [HL] - Committee (1st Day) – in the House of Lords at 4:45 pm on 5 September 2022.
Moved by Lord Foulkes of Cumnock
8: Clause 1, page 2, line 2, leave out second “may” and insert “are or are likely to” Member’s explanatory statementThis amendment requires there to be an actual impact or likelihood of an impact on the consumers whose interests are being protected, whilst retaining discretion for the Secretary of State and the economic regulator to exercise their judgement. This would enable Ofgem to better justify and evidence decisions enabling strategic anticipatory investment.
