Summit isn’t enough to fix broken energy market

The Government’s emergency energy summit taking place today is a small gesture and doesn’t go far enough to fix the UK’s energy woes. According to the CEO of Good Energy, […]

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By Tom Gibson

The Government’s emergency energy summit taking place today is a small gesture and doesn’t go far enough to fix the UK’s energy woes. According to the CEO of Good Energy, the Government needs to start a dialogue with smaller firms as well as the Big Six.

Juliet Davenport, founder and CEO of Good Energy, the UK’s only 100% renewable electricity supplier, said: “Bringing together the major suppliers and consumers groups to look at energy bills is one way to start looking at this issue, but, sadly, that is only one very small step towards solving this problem. The real story here is that our whole energy market is broken and it needs fixing, and that only radical reform can do that.”

The Prime Minister and Energy Secretary Chris Huhne are meeting with representatives of the Big Six energy suppliers, regulator Ofgem and members of consumer groups. Mrs Davenport says that if the Government is serious about the transition to the low carbon economy it has to pay equal attention to smaller generators, especially those encouraging moves away from fossil fuels.

She added: “The Government needs to put just as much emphasis on talking with the smaller suppliers as it does with the larger ones.”