Market reforms could give Scots cheapest energy in Europe, says Octopus boss

  • 📰 Observer_Owl
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Greg Jackson said regional pricing could reduce bills across the UK and give Scotland the cheapest electricity in Europe.

Greg Jackson said there needed to be ‘really rapid action’ to improve grid connections for new energy projects

Greg Jackson, founder and chief executive of Octopus Energy, said reforming the energy market could result in lower bills for people across all of the UK. Octopus Energy boss Greg Jackson, left, said Prime Minister Sir Keir Starmer’s Government had made a ‘really good start’ on addressing issues in the energy market He made the claim as he said there needed to be “really rapid action” to improve grid connections for new energy projects.

He added: “That means waiting 13 years for us to be able to invest to create the jobs in building that and also for our citizens to get cheaper power.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside 'utterly charming' Scots cottage on market for less than Edinburgh flatAn amazing opportunity to buy a gorgeous little rural Scottish cottage for a lower price than a typical Edinburgh flat has come up, with Millers Cottage sure to turn some heads.
Source: Daily_Record - 🏆 9. / 89 Read more »

This Key Component of Europe's Wind Energy Boom Could Become a $20B MarketEurope is set to invest $20 billion in offshore substations this decade to support the rapidly growing offshore wind industry and meet ambitious renewable energy goals.
Source: OilandEnergy - 🏆 34. / 68 Read more »

London Stock Exchange becomes Europe's largest stock market againA French election is driving down the value of French listed companies, analysts say
Source: BBCLondonNews - 🏆 115. / 51 Read more »