Industry CEOs: Energy Prices Bill puts investment in jeopardy

A number of industry chief executives have written to the government urging the Energy Prices Bill to be amended due to fears some of its proposals will give ministers too much power over regulation. In a letter to business and energy secretary Jacob Rees-Mogg, bosses from Energy UK, Centrica, EDF, Eon, Octopus, Ovo, Scottish Power and SSE said they were “alarmed” to see clauses in the bill that “unexpectedly propose extensive new powers for ministers in relation to the regulation of the sector”.

This content is for members only. Please click here to view the full article.