Elections – How this impacts energy!

With the elections scheduled to finalise in the coming weeks, we wanted to discuss if this has an impact on the prices of energy.

Historically, elections announcements tend to cause the market to be a touch turbulent. However, this usually balances itself out quite quickly.

One thing we are focusing on is Net Zero aspirations for each major party. Labour look as though they are going to potentially assign a new Net Zero department. This seems to be as they are hoping to accelerate the speed of which we are progressing with this target.

This will potentially increase governmental charges such as CCL, causing higher bills in the future to fund the growth of renewable energy in Great Britain.

For now no one can say what is going to happen to the market when the elections produce a winner. We however, are prepared to help your business navigate through this period. Get in contact today to see how we could be of assistance.