'Incredibly expensive': Is the government's energy price freeze plan fit for purpose?

James Murray
clock • 8 min read
The Chancellor of the Exchequer Kwasi Kwarteng | Credit: Simon Dawson / No 10 Downing Street
Image:

The Chancellor of the Exchequer Kwasi Kwarteng | Credit: Simon Dawson / No 10 Downing Street

Period of national mourning has overshadowed government’s sweeping new energy support package, but experts remain convinced more targeted long-term plan is needed

Even as she stood up in the Commons last Thursday to announce the government's hugely anticipated energy price freeze package, Prime Minister Liz Truss knew the historic £150bn package would struggle to...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Policy

'Remarkably short-sighted': Government reportedly preparing cuts to heat pump budget

'Remarkably short-sighted': Government reportedly preparing cuts to heat pump budget

Reports suggest government is considering cuts to heat pump, CCS, and hydrogen schemes, and could confirm watering down of Zero Emission Vehicle Mandate

James Murray
clock 12 October 2026 • 9 min read
Global Briefing: South Korea unveils $750bn clean energy transition plan

Global Briefing: South Korea unveils $750bn clean energy transition plan

Plus: New Zealand's emissions hit record high; EU critical materials projects; and Google's PPA with Constellation Energy, in our round of the top green business news from around the world this week

James Murray
clock 09 October 2026 • 7 min read
Katie White: If we are rewiring the country, we should widen the opportunity at the same time

Katie White: If we are rewiring the country, we should widen the opportunity at the same time

Climate Minister's speech to the Women in Green Business Awards 2026 - in full

Katie White, MP
clock 08 October 2026 • 4 min read