You can not control retail prices if you have no influence on the wholesale market. If the cap were removed now, it would give suppliers the freedom to compete more aggressively on price and service.
Government can use research grants, low business taxes and pro-innovation policies to resolve the difficulties. It makes little sense to plough on with taxes and bans.
The importance of expanding homegrown energy production extends far beyond the borders of Scotland. The domestic supply chain workforce spans from Shetland to Southampton, with job opportunities in almost every parliamentary constituency.
I don’t think that we serve our children or planet well giving in to the counsel of despair. Tackling it is more akin to an engineering challenge – one we know we can do.
Green Finance may sound admirably ambitious, but if it means diverting capital from efficient, market-driven investments into manipulated ones then we will all suffer. Nobody has voted to be made poorer.
Palace Yard is a new cross-party policy and research institute that aims to help politicians get to grips with this country’s long-term challenges.
We might get the most optimal outcomes from the Independent Net Zero Review by extracting the best of it and focusing our efforts. Let’s prioritise those priorities.
And her government has decided that the best time to do all this is in the middle of the most serious energy crisis in decades.
The moral strictures of hard-line green activists are no foundation for a sensible energy policy.
We must do away with Ofgem and the National Grid’s role as electricity system operator and create a single, independent Strategic Energy Authority
British politicians are more than capable of committing blunders, but so too are their continental opposite numbers.
The worst outcome would be long-term contracts that turn out to be bad value, and which no one feels like they signed up to.
Interrupting other pipelines would cause havoc on the energy markets and prevent Europe heating itself this winter. They would be no different to German attacks on allied food convoys in the First and Second World Wars.
Policy Exchange proposes a Tiered Energy Relief Scheme: restructuring household energy bills for a six-month period, saving the average household up to £936, at a nationwide cost ceiling of £26.6 billion.
We shouldn’t assume that Tory common sense protects British conservatism. The fact is that rightwing PC — though in a different form to the US version — is making in-roads in this country too.