AQW 4006/22-27 Written question to the Minister for the Economy

To ask the Minister for the Economy, pursuant to AQW 3257/22-27, for his assessment of the potential to introduce a revenue cap on inframarginal electricity producers with a view to decoupling electricity prices from gas prices.

Asked by Eóin Tennyson MLA on 3 October 2022

  • Answered
  • Written
  • Priority
Tabled
3 October 2022
Answer due by
11 October 2022
Answered
10 October 20227 days after tabling
Department
Department for the Economy
Priority question
Yes

Answer

My Department is working with relevant stakeholders, including the Utility Regulator and the UK Government, to explore all available options to mitigate the impact of increased energy prices on consumers. Work continues in this area but at present, I am not in a position to provide any assessment of the options being explored.

Official sources