Boris Johnson hints at major reforms to ‘frankly ludicrous’ energy market

The government has this weekend signaled its intention to deliver sweeping energy market reforms, designed to ensure low cost renewables play a much bigger role in setting the price of wholesale electricity. Speaking to the BBC ahead of this weekend’s G7 Summit in Germany, Prime Minister Boris Johnson indicated Ministers were planning to embark on … Read more

Electricity Market Reform 2.0: Could new plans unhitch electricity bills from soaring gas prices?

Major power market redesign could see wind, solar, and nuclear generators sell electricity at a lower price than fossil gas power plants Ministers are reportedly considering a major energy market reform, which would see the price of electricity in the UK decoupled from the price of fossil gas, as part of an effort to curb … Read more