Written Question·Department for Energy Security and Net Zero·UIN 108567
Energy Supply: Finance
Tabled: 26 January 2026
Answered: 3 February 2026
Question
James McMurdock
Independent — South Basildon and East Thurrock
To ask the Secretary of State for Energy Security and Net Zero, what mechanisms he has in place to monitor the financial situation of major energy suppliers; and whether any energy supplier has been subject to enhanced monitoring in the last three years.
Answer
Martin McCluskeyOfgem, as the independent regulator, actively monitors the market using both direct and proxy information to identify any risks of supplier failure.Any reporting relating to Ofgem’s enhanced monitoring is a matter for Ofgem to communicate, given the comme...
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