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Energy retail market is ‘not fit for a decentralised low carbon future’

The current energy retail markets are not fit for a decentralised, highly efficient low carbon future.

That’s one of the findings of the new Delta-EE whitepaper which suggests the way existing energy markets are working, including the UK’s price cap make up a ‘recipe for disaster’.

The research and consulting company finds that retailers need to integrate into their business models efficient consumption for customers and self-generation.

The study also recommends that companies need to focus on providing their services in the cleanest possible way.

In addition, the authors of the report mentioned the recent example of the soaring gas prices to make a point of giving the customers the confidence and the knowledge they need over the reasons why the energy prices are changing.

They note that energy retailers still need to build transparency and trust and communicate with customers about potential changes in their offerings, including price changes in their tariffs.

ELN has contacted Ofgem for a response.

Energy Live News
This article first appeared on ENERGY LIVE NEWS. Energy Live News (ELN) is a multi award winning independent publishing and events company. We are the UK’s leading dedicated daily news site covering energy. We make energy issues easy to understand and appeal to both the b2b sector and general consumer. We are independent, fair and outspoken in our coverage and we aim to be the place to come to for easy to understand energy news. We have won awards for our journalism. ELN also has an events arm which is also multi-award winning with industry leading conferences and awards. Our flagship conference is ENERGY LIVE EXPO, which is the must-attend event of the year and is regularly headlined by Energy Ministers and CEOs from across the sector. And our ENERGY LIVE CONSULTANCY AWARDS which won Best New Awards Event 2017, is now the gold standard accolade for UK energy broker market. Hit the web and social links below to visit Energy Live News across the web.
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