The size and scale of the current energy crisis and the knock on impact on consumer bills is now “beyond what this industry can deal with”, according to ScottishPower’s CEO Keith Anderson.
Energy bills increasing again in October could leave more than 14 million people in Britain unable to afford them, suggests a new report from Citizens Advice.
The Industry and Regulators Committee has said the UK is likely to miss its net zero by 2050 target, as the goal has not been matched by the policies and the clarity over financial incentives needed.
Following Ofgem unveiling the new price cap, Current± took a look at how those in the energy sector and beyond reacted to the government’s mitigation actions.