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

An energy windfall tax too far?

New paper from Energy UK warns extending windfall tax to cover power generators would seriously clean net zero transition and push up energy bills in the long term With Number 10 desperately hunting for policies that might save Boris Johnson’s embattled premiership, attention has quickly turned to one of the few things that can unite … Read more