Report: Removing gas plants from wholesale power market could slash UK energy bills

Michael Holder
clock • 4 min read
 Gas-fired power station in Marchwood, Hampshire, UK | Credit: iStock
Image:

Gas-fired power station in Marchwood, Hampshire, UK | Credit: iStock

Consultancy Stonehaven argues paying legacy gas-fired power plants through a regulated asset based model could shave billions of pounds off UK energy bills

Removing gas-fired power plants from the UK's wholesale electricity market could knock billions of pounds off energy bills for households and businesses, while providing a clearer path for phasing down...

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 Energy

Iran War: Businesses facing gas bill hikes of up to 80 per cent

Iran War: Businesses facing gas bill hikes of up to 80 per cent

Latest analysis from Cornwall Insight warns businesses have already seen gas costs rise by nearly 60 per cent, further strengthening the business case for renewables

James Murray
clock 25 March 2026 • 7 min read
Leading firms sign joint commitment to decarbonise electrical supply chains

Leading firms sign joint commitment to decarbonise electrical supply chains

Companies from UK's energy, transport, and built environment sectors back new BEAMA net zero framework

Stuart Stone
clock 24 March 2026 • 3 min read
Survey: Confidence slips in carbon intensive industries' ability to meet net zero goals

Survey: Confidence slips in carbon intensive industries' ability to meet net zero goals

Poll of over 800 executives carried out before Iran War reveals widespread belief oil demand will keep rising for the foreseeable future

Michael Holder
clock 23 March 2026 • 4 min read