Idea would separate the cost of electricity produced by nuclear and renewable sources from generation by gas

The energy industry has thrown its weight behind a plan it says could save homes and businesses up to £29bn a year, by reducing the prices charged for electricity generated from sources other than gas.

Energy UK, the trade body for the sector, said its proposals could cut between £10.8bn and £18bn a year from household bills, and £6.7bn to £11.1bn for businesses.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

The Lancet changes editorial policy after hydroxychloroquine Covid study retraction

New policy comes after serious quality control questions were raised about the…

As France goes to the polls, voters are asking: who really is Emmanuel Macron? | Marion Van Renterghem

His mutability has let him straddle political divides, but now he must…

Brexit: Ursula von der Leyen to travel to UK for talks with Rishi Sunak

European Commission chief heading to Britain on Monday with Northern Ireland deal…

‘We’re trying to turn the magnet towards optimism’: Cate Blanchett on her new climate crisis podcast

In Climate of Change, old friends actor Cate Blanchett and clean energy…