Structural Reform Needed to Address UK Electricity Price Pressures

Structural reform needed to address UK electricity price pressures

New research from the University of Aberdeen warns that UK electricity bills are unlikely to fall under current arrangements and urges policymakers to consider structural reforms to protect consumers while delivering the energy transition.

Structural reform "needed to address electricity prices"

New research from the University of Aberdeen warns that UK electricity bills are unlikely to fall under current arrangements. The study, undertaken by the Centre for Energy Transition, part of the University’s Interdisciplinary Institute, urges policymakers to consider structural reforms to protect consumers while delivering the energy transition. The independent study highlights that wholesale electricity prices in the UK are often set by gas-f…