Energy markets and prices in the UK have long been a “political football”, so perhaps it was no surprise when re-nationalisation of distribution and transmission networks became a focus for Labour policy a few weeks ago. This followed the eventual introduction of the price cap for domestic customers on standard variable tariffs, these being the energy consumers who seldom, if ever, voted with their feet in the market for competitive energy supplies which have been around for 30 years or more.... more
Speaking at The Energyst Event, Richard Murphy, from the Energy Consortium, commented: “Energy users need to prepare for change and be open to change when it happens.” The biggest challenge for 2019 and beyond, he asserted, will be around climate change.
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