Energy
UK Drops Controversial Plan to Split Its Electricity Market
The UK government decided against splitting the power market into several price zones, for now ending a debate that’s rumbled on for years and caused a rift between producers and the nation’s largest residential supplier.
The government said it would reform the existing national pricing system rather than split the country into different areas, according to a statement on Thursday, confirming an earlier Bloomberg News report. The Department for Energy Security and Net Zero had been consulting on the measure for three years as part of a wider policy overhaul.