Energy Prices, Fuel Poverty and Ofgem
By:Great Britain. Parliament. House of Commons. Business and Enterprise Committee
Published on 2008-07-28 by The Stationery Office
This report, from the Business and Enterprise Committee (HCP 293-I, ISBN 9780215523273) inquires into the effect of the big 6 energy companies (Npower, Centrica, EDF Energy , Scottish Power and Scottish and Southern Energy) all raising their prices between January and April 2008. The report aims to feed into a separate inquiry being carried out by Ofgem. The ideal objective is maintain a policy of low energy prices for both domestic and commercial users, but the Committee believes that the UK's energy market is not functioning as efficiently as they should and that UK prices may be higher than other countries.The Committee also states that Ofgem's inquiry will not examine the competitiveness of the wholesale gas market. The price of gas determines the wholesale price of electricity, with gas-fired power accounting for around a third of the UK's generating capacity. High fuel prices will inevitably lead to fuel poverty and the Committee also believes that a root and branch review of government policy in this area is needed. In total, the Committee sets out 43 conclusions and recommendations, covering some of the following areas, including: Ofgem's inquiry; the UK gas market; increasing gas dependency; wholesale gas market concentration; oil-gas price link; gas contracting; the wholesale gas market and Ofgem; wholesale electricity: rising environmental costs; wholesale electricity market concentration; new generating capacity; vertical integration; wholesale electricity market liquidity; changes in supplier costs; smart metering; social tariffs and improving housing.
This Book was ranked at 14 by Google Books for keyword Gas/Electricity.
Book ID of Energy Prices, Fuel Poverty and Ofgem's Books is bXfzxSbK-ssC, Book which was written byGreat Britain. Parliament. House of Commons. Business and Enterprise Committeehave ETAG "LGXgxmSTtqE"
Book which was published by The Stationery Office since 2008-07-28 have ISBNs, ISBN 13 Code is 9780215523273 and ISBN 10 Code is 021552327X
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