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Would a new energy industry framework cut costs and improve accountability?

The governance of the UK’s energy industry is too complex and expensive and it presents barriers to new entry. It should be streamlined to cut 30 bodies to three: a ‘delivery body’, an industry codes body and an independent system operator (ISO). That is the conclusion of think tank Policy Exchange, in a new report titled Governing Power: improving the administration of the energy industry in Great Britain.

The governance of the UK’s energy industry is too complex and expensive and it presents barriers to new entry. It should be streamlined to cut 30 bodies to three: a ‘delivery body’, an industry codes body and an independent system operator (ISO). That is the conclusion of think tank Policy Exchange, in a new report titled Governing Power: improving the administration of the energy industry in Great Britain.

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