The energy sector has thrown its weight behind a proposal to bring in fixed contracts for existing generators, to help provide them with long-term security and reduce consumer bills in the short-term.
Following on from the launch of the CCC's behemoth progress report, Current± caught up with the energy sector to see how it was responding to the call to action for government.
A windfall tax on generators could risk future investment into energy infrastructure, impacting the transition to net zero and prolonging the UK’s reliance on volatile international gas, Energy UK has warned.
Current± caught up with the energy sector, to find out their reactions to the recent increase in support funded by a windfall tax of oil and gas companies.
This week’s Queen’s Speech should include an Energy Bill focused on securing low carbon investment and creating jobs, delivering value to energy consumers and establishing a low carbon governance framework.
While the British Energy Security Strategy included ambitious targets, it was missing policy on demand side reduction, support for customers, onshore wind and energy efficiency.
Current± is running a snap webinar in response to the British energy security strategy, to discuss what opportunities it has created and to ask how achievable the ambitions set out within it are.
