PARLIAMENTARY WRITTEN QUESTION
China Electronics Corporation: Octopus Energy (14 November 2022)

Question Asked

To ask the Secretary of State for Business, Energy and Industrial Strategy, in the context of Octopus Energy's takeover of Bulb, what assessment he has made of the implications for his policies of Octopus Energy’s commercial links with the China Electronics Corporation.

Asked by:
Dame Siobhain McDonagh (Labour)

Answer

In the context of the sale of Bulb to Octopus Energy, the Government has assessed commercial aspects of Octopus. This review has not identified any areas for concern.

The Government’s priority is to ensure continued energy supply to Bulb’s customers at the lowest practicable cost.


Answered by:
Graham Stuart (Conservative)
28 November 2022

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