Brazil ‘to deregulate power sector’

The Brazilian Government is reportedly planning to deregulate the country’s power industry. Media reports suggest President Michel Temer’s administration aims to reverse a framework which imposed heavy losses on the sector when it was originally introduced in 2012. The initiative aimed to force down electricity prices in exchange for the early renewal of operating licenses. […]

‘There isn’t a free market at all – it’s completely manipulated’

The UK’s energy market “isn’t a free market at all” according to Kevin McCullough, Chief Executive of UK Coal (pictured right). Speaking at Energy Live 2013, he said Britain’s market was instead “completely manipulated”. Asked whether the Government was ‘picking winners,’ the Head of Power and Utilities at EY, Tony Ward (pictured left), said the […]