21 February 2012 - A new green paper by ResPublica entitled “Re-energising Our Communities: Transforming the energy market through local energy production” concludes that the UK government must bring an end to the “closed shop” energy market, which is dominated by the Big Six energy companies who currently produce and supply a staggering 99 per cent of the UK’s energy needs, through “transformative capitalism” and “community energy”.
Energy market diversification has been a heated topic of political debate. Attempts to address an unbalanced and unsustainable market have largely been approached in terms of widening consumer choice, ushering in new competition and breaking up supply. But such focus is missing the real opportunity, which is to change the market completely by encouraging consumers to become producers and owners of their energy.
The authors of “Re-energising Our Communities: Transforming the energy market through local energy production” (Caroline Julian, Senior Researcher at ResPublica, and Julian Dobson, a ResPublica Research Associate) argue that the UK government must “broker in the social, environmental and economic benefits of community energy” by putting local communities at the heart of the development of new projects and ensuring that they enjoy more of the economic benefits from sustainable energy production.
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