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Select committee: Energy Security and Net Zero Committee

Conclusion 1

3rd Report - The cost of energy Published 21 Oct 2026 Addressed to Department for Energy Security and Net Zero

Energy Security and Net Zero Committee The cost of energy All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗

Conclusion (the committee's words)
The wholesale price of electricity is set most of the time by the price of gas generation and it is clear we will still need gas for some time to generate some of our electricity. Yet, as a net importer of gas, the UK is vulnerable to changes in international prices of gas, which is used for electricity as well as heating and other applications. (Conclusion, Paragraph 30)

From: Energy Security and Net Zero Committee, 3rd Report - The cost of energy (HC 416), 21 October 2026

Government response

Government response awaited: deadline 21 December 2026.