Could this FINALLY be the point where the call to reform the electricity wholesale market achieves the momentum required for change? It’s not rocket science; people have been calling for change for years.

Stopping gas dictating UK energy price could cut bills by £200, thinktank says - The Guardian https://apple.news/AKIS7EOsXSKShb1STPsmgMg

Stopping gas dictating UK energy price could cut bills by £200, thinktank says — The Guardian

Iran war has increased gas price, with effects on UK energy bills that could be avoided, Common Wealth says

@christineburns
It is the kind of minimal change by rule tweaking that new New Labour seem to like ...
@christineburns I doubt it, but I will be glad to be proven wrong!

@christineburns hopefully.

The UK on Tuesday had a wholesale price of £35 per MWh making it one of the cheapest in Europe. The price paid by users is the highest in Europe.

UK energy prices are one of the few things that'll provoke me in the real world.

@christineburns

Reading this,decided to see how it works in Australia. OMG , the price is effectively set by gas 90% of the time despite only providing 5% of power supply! #ausPol
https://www.climatecouncil.org.au/four-reasons-why-your-power-prices-are-sky-high-and-rising/

Five reasons why your power bills are sky high–and how we can help bring them down | Climate Council

Everyone is talking about their high and rising energy bills, and we know the culprit. Here’s five things you need to know about what’s really going on with power prices in Australia. 

Climate Council