UK moves to cap wholesale energy costs for industry at “less than half” market price

Published 10:55 on September 21, 2022  /  Last updated at 10:55 on September 21, 2022  /  EMEA, UK ETS  /  No Comments

The UK government announced a support package for businesses and ETS-covered industrials on Wednesday in which wholesale energy prices will be capped at "less than half" of expected winter levels in a bid to avoid mass demand shutdowns and economic disruption.

The UK government announced a support package for businesses and ETS-covered industrials on Wednesday in which wholesale energy prices will be capped at “less than half” of expected winter levels in a bid to avoid mass demand shutdowns and economic disruption.

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