Customers based in the UK overpaid on energy bills in 2021 to 2022 by around £7 billion which could have been avoided via a “split market” marginal pricing scheme, a report by Carbon Tracker has said.
Citizens Advice has found that digitally disadvantaged consumers are at much higher risk of loyalty penalties and could be left behind by service changes in the energy market.
Without reform of the market, the UK will miss its 2035 electricity decarbonisation target according to a new report from centre-right think tank Onward.
Innovation is needed to make the switch to low carbon heating affordable, and to ensure that it delivers comparable or superior performance to natural gas boilers.
The Energy Networks Association (ENA) has released its Innovation Strategies, prioritising five areas that require advances in the electricity system to help it decarbonise and develop.