Energy: Prices

Department for Energy and Climate Change written question – answered on 8th December 2014.

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Photo of Caroline Flint Caroline Flint Shadow Secretary of State for Energy and Climate Change

To ask the Secretary of State for Energy and Climate Change, pursuant to the Answer of 26 November 2014 to Question 215253, whether his Department produces an estimate of forward prices for electricity and gas prices.

Photo of Matthew Hancock Matthew Hancock Minister of State (Department for Business, Innovation and Skills), Minister of State for Portsmouth, The Minister of State, Department of Energy and Climate Change

DECC does not itself estimate traded forward prices for electricity and gas. These prices are provided to us on a commercial basis by Marex Spectron and ICIS Heren for electricity and gas respectively.

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