Frozen prices, anyone?

We’re all about the Labour-Green’s proposals for an alternative model for the electricity market here. The UK Labour Party came up with something quite similar in mid-2013 which has put the cat amongst their pigeons so for the next couple of months I’m taking to Graham Shuttleworth who is the office head for the economic consultancy NERA in London, and one of the original authors of the UK Pool Rules – on which our own electricity market was based.

In the first of this series with Graham you would have been able to hear him explaining the background to the current situation in the UK. It’s a bit different from ours – they’re grappling with subsidised renewables and increasing prices. This week, he unpacks the proposals that the UK Labour Party have made to freeze retail electricity prices: the fanfare it’s received and some of the issues it raises.

As with other podcasts, the opinions expressed in the interview are Graham's and do not necessarily represent the views of NERA Economic Consulting or any other NERA consultant. If you quote the podcast, you should attribute the reference to him personally rather than the firm.

This podcast was recorded in 2014