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Green: Insolvency

Question for Department for Business, Energy and Industrial Strategy

UIN 53237, tabled on 22 September 2021

To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he had with representatives of Green, the energy supplier, on its exit from the energy market; and whether he took steps to prevent that exit.

Answered on

18 October 2021

My Rt. Hon. Friend the Secretary of State and I held a roundtable on 21 September 2021 with smaller and challenger energy suppliers, including Green Energy Company. It is Ofgem, the independent regulator responsibility to engage with suppliers considering exiting the market.

In a competitive market, it is normal from time to time for energy suppliers who cannot finance their activities to exit the retail energy market.

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