Green levies on UK electricity bills are set to climb by more than a fifth by the end of the decade, according to figures published by the Office for Budget Responsibility this week alongside the Budget.
The increase is driven by escalating costs in the capacity market in which power stations, often gas-fired, are paid to be on standby to step in when more intermittent renewable sources cannot be relied upon. https://www.telegraph.co.uk/business/2025/01/03/labour-fuelling-second-cost-of-living-crisis/?fbclid=IwY2xjawHl5rhleHRuA2FlbQIxMQABHSojMI-pf7xGvGQLgWZizGfV1IjlHziRXLGDY_8-S44biNhthxj78dot2w_aem_J-jUyINVQQwFpelTJjrJQg
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