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electricity generators
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Low carbon generation
Our response to the announcement of the January price cap
The Energy Price Guarantee (EPG) will shield consumers from the January price cap of £4,279 announced by Ofgem on 24th November, however the rise will be concerning to the government, who will be shouldering the billions of pounds needed to compensate suppliers the difference. While the January price cap was...
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Low carbon generation
Is a windfall tax on renewable generation appropriate?
Update after the new Budget announcement on 17.11.2022 In the Autumn Statement, the Chancellor announced that the Energy Profits Levy on Oil & Gas (O&G) companies will be raised from 25% to 35% from 1 January 2023 and extended until March 2028. Additionally, there will be a new, Electricity Generator...
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Home supply and services
Windfall taxes are not the only solution to the energy crisis
The energy market is in a state of transition, with geopolitical concerns threatening to undermine energy security and subsequent wholesale energy rises pushing up bills. It is inevitable that policymakers will look at how best to deliver an affordable energy system for consumers. The temporary, targeted energy profits levy, or...
