COMMONS

CMA's proposals for energy market reforms examined by Committee

04 July 2016

The Energy and Climate Change Committee holds a one-off hearing to examine the Competition and Market Authority’s (CMA) proposals to reform the energy market on 5 July. The Committee hears from different stakeholders on the first panel and then from the CMA team that conducted the investigation.

Witnesses

Tuesday 5 July 2016, Committee Room 5, Palace of Westminster

At 9.30am

  • Gillian Cooper, Head of Retail Energy Markets, Citizens Advice
  • Audrey Gallagher, Director of Retail Energy Supply, Energy UK
  • Luke Watson, CEO, GB Energy
  • Professor Catherine Waddams, Centre for Competition Policy, University of East Anglia
  • Pete Moorey, Head of Campaigns, Which?

At 10.30am

  • Martin Cave, member, Energy Market Investigation, CMA

At 10.45am

  • Roger Witcomb, Chair, Energy Market Investigation, CMA
  • Susannah Meeke, Director, Remedies, Business and Financial Analysis, CMA
  • Simeon Thornton, Project Director, CMA

Focus of the session

This session explores a number of themes, including:

  • The process of the CMA inquiry
  • The perspectives of stakeholders on the remedies proposed by the CMA
  • How the remedies will be implemented 

Chair's comment

Committee Chair Angus MacNeil MP said:

"The CMA has carried out a wide-ranging investigation of the energy market and it is important that we have time to digest the information contained in their final report. My main priority is making sure that any remedies proposed by the CMA and ultimately enacted by the Government are in the best interests of consumers. I remain concerned that too many households – particularly those on big six suppliers’ standard variable tariffs – are paying more for their energy than they should.

My Committee will be holding a public hearing on Tuesday 5 July to discuss the CMA’s final report. We will be hearing from consumer groups, academics and industry, and we will also be questioning the CMA directly to shine a light on their investigation."

Further information

Image: iStockphoto

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