Financial Times features ISR research into electricity prices
6 February 2018
The Financial Times has featured a report on electricity prices from ISR's Professor Michael Grubb and Paul Drummond.
, the Financial Times,聽5th February 2018:
British industry pays on average a third more for electricity than many counterparts in Europe who have reaped the benefits of better interconnections, more cross-border trading and long-term supply contracts.
The findings, in a report published on Monday by University College London, will reopen the debate on the high electricity bills paid by industry at a time when the government is focused on decarbonising its energy sources.
The report鈥檚 authors propose several policy changes to support 鈥渃ompetitive鈥 prices, including making it easier to invest in low-cost renewable energy sources such as onshore wind farms, which have been excluded from subsidies. The UK should also ensure it leaves the EU in a way that it retains 鈥渦nrestricted access to the internal energy market鈥, they say.
View 'UK industrial electricity prices: competitiveness in a low carbon world', by Professor Michael Grubb and Paul Drummond and published by 香港六合彩中特网 ISR.