Select Committee · Economic Affairs Committee
UK energy supply and investment
Status: Closed
Opened: 10 Feb 2022
Closed: 16 Oct 2023
1 report
This inquiry explores how the Government can foster investment to ensure a resilient and affordable energy supply during the transition to net zero. The UK has committed to net zero carbon emissions by 2050, which will require a shift in the way energy is supplied with a greater emphasis on renewable and low carbon sources. … Show more
Reports
| Title | HC No. | Published | Items | Response |
|---|---|---|---|---|
| 1st Report - Investing in energy: price, security, and the … | — | 21 Jul 2022 | 0 | Responded |
Oral evidence sessions
| Date | Witnesses | |
|---|---|---|
| 14 Jun 2022 | Fayyaz Muneer · HM Treasury, John Glen MP · HM Treasury | View ↗ |
| 24 May 2022 | Akshay Kaul · Ofgem, Rt Hon. Greg Hands MP · Department for Business, Energy & Industrial Strategy | View ↗ |
| 17 May 2022 | Chris Grigg · UK Infrastructure Bank, John Flint · UK Infrastructure Bank, Sarah Breeden · Bank of England | View ↗ |
| 10 May 2022 | Jason Bordoff · Columbia Climate School, Marco Alverà · Snam, Matt Harper · Invinity Energy Systems | View ↗ |
| 26 Apr 2022 | Mark Carney · United Nations, Martin Pibworth · SSE plc, Zoisa North-Bond · Octopus Energy Generation | View ↗ |
| 5 Apr 2022 | The Lord Turner of Ecchinswell · Institute for New Economic Thinking, Tom Greatrex · Nuclear Industry Association, Tom Samson · Rolls-Royce SMR | View ↗ |
| 29 Mar 2022 | Mike Zehetmayr · EY, Simon Virley · KPMG, Sonja Gibbs · Institute of International Finance, Steve Smith · National Grid | View ↗ |
| 22 Mar 2022 | Dr Jack Sharples · Oxford Institute for Energy Studies, Ian Simm · Impax Asset Management, Michael Liebriech · Liebreich Associates, Professor Michael Bradshaw · The University of Warwick, Simone Tagliapietra · Bruegel | View ↗ |
| 15 Mar 2022 | Ed Northam · Green Investment Group, Simon Redmond · SP Global | View ↗ |
| 8 Mar 2022 | Dan Monzani · Aurora Energy Research, Sir Dieter Helm · University of Oxford | View ↗ |
| 1 Mar 2022 | Catherina Hillenbrand Von Der Neyen · Carbon Tracker Initiative, Christophe McGlade · International Energy Agency, Dr Nina Skorupska CBE · The Association for Renewable Energy and Clean Technology, Mike Tholen · Offshore Energy | View ↗ |
| 22 Feb 2022 | Emma Pinchbeck · Energy UK, Julian Critchlow · Department for Business, Energy and Industrial Strategy, Paul Spence · EDF | View ↗ |
Who gave evidence
| Witness | Organisation | Sessions |
|---|---|---|
| Akshay Kaul · Director of Infrastructure and Security of Supply | Ofgem | 1 |
| Catherina Hillenbrand Von Der Neyen · Head of Research | Carbon Tracker Initiative | 1 |
| Chris Grigg · Chair | UK Infrastructure Bank | 1 |
| Christophe McGlade · Head of the Energy Supply Unit | International Energy Agency | 1 |
| Dan Monzani · Managing Director, UK and Ireland | Aurora Energy Research | 1 |
| Dr Jack Sharples · Research Fellow | Oxford Institute for Energy Studies | 1 |
| Dr Nina Skorupska CBE · Chief Executive | The Association for Renewable Energy and Clean Technology | 1 |
| Ed Northam · Head of Europe and UK, Macquarie | Green Investment Group | 1 |
| Emma Pinchbeck · Chief Executive | Energy UK | 1 |
| Fayyaz Muneer · Deputy Director, Green Finance and Prudential Pol… | HM Treasury | 1 |
| Ian Simm · Founder and CEO | Impax Asset Management | 1 |
| Jason Bordoff · Co-founding Dean | Columbia Climate School | 1 |
| John Flint · Chief Executive | UK Infrastructure Bank | 1 |
| John Glen MP · Economic Secretary | HM Treasury | 1 |
| Julian Critchlow · Director General, Energy Transformation and Clean… | Department for Business, Energy and Industrial Strategy | 1 |
| Marco Alverà · Author of The Hydrogen Revolution | Snam | 1 |
| Mark Carney · Special Envoy for Climate Action and Finance | United Nations | 1 |
| Martin Pibworth · Chief Commercial Officer | SSE plc | 1 |
| Matt Harper · Chief Commercial Officer | Invinity Energy Systems | 1 |
| Michael Liebriech · CEO | Liebreich Associates | 1 |
| Mike Tholen · Director of Sustainability | Offshore Energy | 1 |
| Mike Zehetmayr · Financial Services Risk, Compliance and Regulator… | EY | 1 |
| Paul Spence · Director of Strategy and Corporate Affairs | EDF | 1 |
| Professor Michael Bradshaw · Professor of Global Energy | The University of Warwick | 1 |
| Rt Hon. Greg Hands MP · Minister for Energy, Clean Growth and Climate Cha… | Department for Business, Energy & Industrial Strategy | 1 |
| Sarah Breeden · Deputy Governor for Financial Stability | Bank of England | 1 |
| Simon Redmond · - | SP Global | 1 |
| Simon Virley · Vice Chair | KPMG | 1 |
| Simone Tagliapietra · Senior Fellow | Bruegel | 1 |
| Sir Dieter Helm · Professor of Economic Policy | University of Oxford | 1 |
| Sonja Gibbs · Managing Director and Head of Sustainable Finance | Institute of International Finance | 1 |
| Steve Smith · Head of Group Strategy, Market Fundamentals and I… | National Grid | 1 |
| The Lord Turner of Ecchinswell · Chair of Energy and Transitions Commission | Institute for New Economic Thinking | 1 |
| Tom Greatrex · Chief Executive | Nuclear Industry Association | 1 |
| Tom Samson · CEO | Rolls-Royce SMR | 1 |
| Zoisa North-Bond · Chief Executive | Octopus Energy Generation | 1 |
Correspondence
| Date | Direction | Title |
|---|---|---|
| 11 Oct 2022 | To cttee | Letter from Rt. Hon. Jacob Rees-Mogg, Secretary of State for Business, Energy &… |
| 11 Oct 2022 | To cttee | Letter from the Bank of England to the Chair of the Economic Affairs Committee … |
| 7 Sep 2022 | To cttee | Letter from the Chair of the Economic Affairs Committee, to the Rt Hon Jacob Re… |
| 6 Sep 2022 | To cttee | Letter from Infrastructure Bank to the Chair of the Economic Affairs Committee … |
| 1 Aug 2022 | To cttee | Letter from the Department for Business, Energy & Industrial Strategy to the Ch… |
| 22 Jul 2022 | To cttee | Letter from Richard Fuller MP, HM Treasury to the Chair of the Economic Affairs… |
| 7 Jul 2022 | To cttee | Letter from Lord Callanan Minister for Business, Energy and Corporate Responsib… |
| 21 Jun 2022 | To cttee | Letter from the Rt Hon Greg Hands MP, Department for Business, Energy & Industr… |
| 21 Jun 2022 | To cttee | Letter from Sarah Breeden Executive Director, Bank of England to the Chair of t… |
| 14 Jun 2022 | To cttee | Letter from John Glen MP to the Chair of the Economic Affairs Committee (24 Ma… |
| 17 May 2022 | To cttee | Letter from Paul Scully MP to the Chair of the Economic Affairs Committee (9 Ma… |
Meetings & visits
| Date | Type | Detail | |
|---|---|---|---|
| 19 Jul 2022 | Formal meeting (private meeting) | — · Room 3, Palace of Westminster | |
| 12 Jul 2022 | Formal meeting (private meeting) | — · To be confirmed | |
| 5 Jul 2022 | Formal meeting (private meeting) | — · Room 3, Palace of Westminster |