Source · Select Committees · Business and Trade Committee
Recommendation 9
9
The current electricity trading arrangements with the EU have caused market inefficiencies and increased UK...
Conclusion
The current electricity trading arrangements with the EU have caused market inefficiencies and increased UK energy costs. Reducing these costs through an agreement with the EU will provide significant benefits to UK businesses and consumers and support the broader UK and EU energy transitions towards renewables. (Conclusion, Paragraph 30)