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Energy Supply

Energy and Climate Change written question – answered on 19th June 2012.

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Photo of Tom Greatrex Tom Greatrex Shadow Minister (Energy)

To ask the Secretary of State for Energy and Climate Change with reference to page 4, Annex A, of the draft Energy Bill, when he plans to publish his Department's joint report with Ofgem on possible conflicts of interest with National Grid's existing roles in the electricity market and its new role under the proposals in the draft Bill.

Photo of Charles Hendry Charles Hendry The Minister of State, Department of Energy and Climate Change

Jointly with Ofgem, my Department published on 22 May 2012 a response to an initial stakeholder consultation which can be found at:

www.decc.gov.uk/en/content/cms/consultations/emr_coi/emr_coi.aspx

Officials within the Department continue to work with Ofgem to assess the scale and extent of any possible conflicts of interest associated with National Grid's other roles in the electricity market.

Further stakeholder engagement will be held before the end of the year before publishing a final report, expected in late 2012.

The draft Energy Bill currently undergoing pre-legislative scrutiny by the Energy and Climate Change Committee contains powers to act to mitigate any conflicts of interest. The conclusions of the joint DECC-Ofgem report will inform whether and how these powers will be used, if necessary.

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