Current± Briefing: The Energy Price Guarantee

On Thursday 8 September, Prime Minister Liz Truss set out her plans to tackle the energy crisis just two days after she took office. Core to this was the move to cap domestic energy bills at £2,500 for two years from October as part of the Energy Price Guarantee, a move designed to protect millions around the UK who are facing fuel poverty.

The move is expected to cost around £100 billion, and is an unprecedented move by the government that highlights the depth of the crisis. Along with the domestic support, there are moves to improve energy security in the longer term, with the controversial end to the moratorium on fracking and the opening of new oil and gas licenses, as well as a reiteration of the commitment to drive the development of nuclear and renewables.

But does it go far enough? And what will the impact on the industry be?

In a special, snap edition of Current± Briefings, we’re joined by panelists from Cornwall Insight, Regen, E3G and Green Alliance to discuss the key elements of Truss’s measures, the questions still unanswered about their rollout, and whether more still needs to be done.