Wholesale energy markets, decarbonisation policy and consumers: An IPPR debate on two new reports by Which?

Article

This briefing summarises the main themes of a high-level roundtable, hosted by IPPR in July 2013, to debate the findings of two new reports on energy policy published by consumer advocate Which?, focusing on wholesale market reforms and decarbonisation policy.

Roundtable participants included senior representatives from key industry players and the energy markets regulator Ofgem, as well as MPs or senior advisers from each of the three largest political parties.

In the discussion, there was considerable disagreement in relation to one of Which?'s core recommendations for wholesale market reform: to ringfence the supply and generation businesses of vertically integrated energy companies. There were strong arguments put both for and against this controversial policy.

On decarbonisation, the discussion focused on how to improve public confidence in government policies, given the significant addition these make to consumer energy bills.

Related items

  1. Street scene in financial district, London

    Rule of the market: How to lower UK borrowing costs

    The UK is paying a premium on its borrowing costs that ‘economic fundamentals’, such as the sustainability of its public finances, cannot fully explain. 
  2. A mother and child from behind looking out of a window

    Restoring security: Understanding the effects of removing the two-child limit across the UK

    The government’s decision to lift the two-child limit marks one of the most significant changes to the social security system in a decade.
  3. A group of healthcare professionals sitting in a staff common room in a hospital in Newcastle

    Building a healthier, wealthier Britain: Launching the IPPR Centre for Health and Prosperity

    Following the success of our Commission on Health and Prosperity, IPPR is excited to launch the Centre for Health and Prosperity.