Source · Select Committees · National Security Strategy (Joint Committee)
Recommendation 26
26
Paragraph: 124
The current price review mechanisms for utility companies may be unsuitable for ensuring investment in...
Recommendation
The current price review mechanisms for utility companies may be unsuitable for ensuring investment in long term resilience. We welcome the Prime Minister’s recently- announced review of energy regulation, but we recommend that the Government goes further, undertaking an urgent review of price control mechanisms across all relevant infrastructure sectors. This should consider specifically their suitability for ensuring investment in CNI resilience and climate adaptation, in time to inform the next set of price reviews.
Paragraph Reference:
124
Government Response
A response document is linked to this report, dated 2 March 2023. Response attribution to this recommendation has not been verified. Read the response document ↗