An onslaught of high profile policy announcements rocked the utilities industry this week with the Treasury’s Summer Budget unleashing a shock change for the Climate Change Levy which seems set to kick the beleaguered renewables industry when it’s down. The CMA weighed in on both the energy and water sectors this week suggesting a partial regulation of prices for standard energy tariffs and offering Bristol Water only a modest loosening of their price controls.
Insight: Editor’s week – Osborne’s budget delivers body blow to renewables; the CMA suggests price cap; Bristol Water claws back just £20m
