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Director / Editor: Victor Teboul, Ph.D.
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Why electricity costs so much in the UK (it’s not all about the weather)

By Renaud Foucart, Senior Lecturer in Economics, Lancaster University Management School, Lancaster University
The UK government is reportedly considering abandoning its goal of removing fossil fuels from the country’s electricity supply by 2030 in an attempt to keep energy bills down.

This is understandable given that the UK is already one of the most expensive places in Europe to use electricity, something that – despite plenty of investment in relatively cheap renewable energy – is unlikely to change any time soon. In fact, bills remain high even when wind farms are spinning…The Conversation


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