'Power Shift': Greenpeace urges government to move gas power plants out of the wholesale power market

Stuart Stone
clock • 7 min read
Credit: iStock
Image:

Credit: iStock

New report calculates that moving gas-fired power stations into a strategic reserve underpinned by a regulated asset base model could maintain energy security and save billpayers £5bn a year

The government could save households and businesses in the region of £5bn a year on their energy bills in 2028 by overhauling the electricity market to stop "unfair profiteering" by gas power stations....

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

Middle East conflict sparks surge in solar enquiries from British households

Middle East conflict sparks surge in solar enquiries from British households

Data from Octopus Energy shows a spike in solar panel enquires, as households seek to shield themselves against latest energy price shock

clock 17 March 2026 • 3 min read
The unsung heroes of reliable 24/7 clean power

The unsung heroes of reliable 24/7 clean power

Hydropower and geothermal are not peripheral players in the energy transition - they are part of the backbone that can make 24/7 clean power systems a reality, writes Trigya Singh from the Global Renewables Alliance

Trigya Singh, Global Renewables Alliance
clock 16 March 2026 • 4 min read
Global Briefing: EU clean energy investment plan aims 'to break fossil fuel dependency'

Global Briefing: EU clean energy investment plan aims 'to break fossil fuel dependency'

EU unveils Clean Energy Investment Strategy, global wind power sets new records, and Caribbean islands call for increased biodiversity funding

Michael Holder
clock 13 March 2026 • 7 min read