The Guardian Australia – Business
·business
·2 hours ago
UK government shifts wind and solar farms to fixed-price contracts for savings
The UK government announced plans to shift older wind and solar farms to fixed-price contracts, a move to insulate consumers from high gas prices. Approximately a third of Great Britain's power market will be impacted, potentially saving households up to £10 billion annually. This intervention aims to stabilize electricity costs as market prices surge amid ongoing energy volatility.
Summary by Glance · The Guardian Australia – Business
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