What is the green power pool?
The cost of energy has soared over the past year. As well as protecting consumers and industry from the higher energy bills, the UK government must address the root cause of the problem: the global price of gas. One solution to bring down energy costs is to reform electricity markets to make the most of low cost renewables. This proposal is known as the green power pool. In this episode, we speak to Marian D’Auria, global head of risk and sustainability at GFG Alliance (Liberty Steel Group), to explain how energy prices are affecting the steel industry, and Paul Drummond, senior research fellow at University College London’s Institute of Sustainable Resources, about the idea of a green power pool.