The chief executive of a major UK energy firm has urged the government not to go through with proposed reforms. Keith Anderson, boss at ScottishPower, said the changes would see the price of electricity set differently across the country.
Mr Anderson said that while a regional pricing model "makes sense" in theory, it risks deterring and slowing investment in the UK's energy industry at a key time in the green transition.
Speaking about the impact on homes and a transition to green energy, he told the PA news agency: "If you propose something really radical, the risk you run is that you delay investment.
You slow the process down. If you start a conversation now to say you're going to bring in zonal pricing even in five years people will say, 'Hang on.
Read more on manchestereveningnews.co.uk
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