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How the new government effects gas and electricity prices

With the recent general election in December 2019, we now have another 4 years of a Conservative government. The general election campaign brought up many issues to do with climate change and what the government would do to tackle climate control going forward. In the summer of 2019 it was the conservative government who outlined their planned to have zero emissions by 2050, this was further confirmed in their new government manifesto.

They have other various actions that they have outlined in their manifesto presented before they were elected into government. One of them includes putting an increased effort into wind farms to generate energy this way. They are planning to increase the productivity into this to try and aid a cheaper way to generate energy, which should in the long term filter down to business and domestic utility costs.

It is very much still early days for the government setting out new energy objectives, they are still working towards the objectives that were set I the last conservative government. Teresa May set out as mentioned above to have zero emissions by 2050, this has continued and funding has increased with this new government led by Boris Johnson to ensure that effort is made to try and achieve this. £200 million has been made available to look into the design and build of a commercially viable fusion power plant by 2040.

If you are unsure on how the new conservative government will effect your business and its energy, then get in touch and speak to one of our specialists at Edan Power. We may not always have the answer to hand but we will find the answer out for you.