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

Cecilia Keating
clock • 5 min read
iStock
Image:

iStock

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 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 household bills...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Policy

Credit: iStock

OVO preps £1m investment in small-scale UK wind and solar generators

Energy supplier announces plans to invest in REGO certificates to support renewables projects ineligible for subsidy support

Michael Holder
clock 07 July 2022 • 4 min read
What to expect - and hope for - in the new Green Finance Strategy

What to expect - and hope for - in the new Green Finance Strategy

Mobilising private finance to meet climate gaols should be a core focus of the green finance roadmap currently being drawn up by ministers, writes UKSIF’s James Alexander

Oscar Warwick Thompson, UKSIF
clock 07 July 2022 • 5 min read
Credit: Baxi

'Electric households': How the average UK home could save nearly £1,200 a year

As the government unveils plans for a new Low Carbon Heat Scheme, calculations reveal the huge savings on offer for households switching to clean technologies

James Murray
clock 06 July 2022 • 6 min read