Why Does Britain Have the Most Expensive Energy in the World? And Why Do Blue States Follow? - Energy News Beat

Ed Hezlet: Expensive power could really spark economic decline in the UK - but there's a solution

Ed Hezlet is Head of Energy at Onward. The UK’s expensive electricity is weighing on the nation. Rising bills are repressing the discretionary income of British households and high industrial electricity prices are discouraging investment and economic growth. We have the highest industrial and second highest consumer electricity prices in the developed world. It is squeezing people’s incomes and a major part of the cost-of-living crisis that has…

Ed Hezlet: Expensive power could really spark economic decline in the UK – but there’s a solution

Ed Hezlet is Head of Energy at Onward. The UK’s expensive electricity is weighing on the nation. Rising bills are repressing the discretionary income of British households and high industrial electricity prices are discouraging investment and economic growth. We have the highest industrial and second highest consumer electricity prices in the developed world. It is...

Why does Britain have the most expensive energy in the world? And why do Blue States Follow? - Energy News Beat

Britain’s electricity prices rank among the highest in the developed world—frequently the highest for industrial users among IEA countries and near the top for households. This is not primarily bad luck with global gas markets or geography alone. It stems from deliberate policy choices that prioritized rapid power-sector decarbonization through massive deployment of intermittent wind and solar, while understating the full system costs those technologies impose.