The cost of energy has soared over the past year. As well as protecting consumers and industry from the higher energy bills, the UK government must address the root causes of the problem: the global price of gas.
The current electricity market is designed for a commodity based system which reflects the fluctuating price of gas. However, as renewables make up a bigger proportion of our electricity system, a new approach is needed. One solution to bring down energy costs is to reform electricity markets to make the most of low cost renewables. This proposal is known as the green power pool.
In this episode, Verner Viisainen speaks to Marian D’Auria, global head of risk and sustainability at GFG Alliance (Liberty Steel Group), and Paul Drummond, senior research fellow at University College London’s Institute of Sustainable Resources, to explain how energy prices are affecting the steel industry and how a green power pool could help.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
Death, Sex & Money
Anna Sale explores the big questions and hard choices that are often left out of polite conversation.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.