MPs demand new energy price controls

A different method of price control is needed for gas and electricity transmission monopolies, MPs said on Tuesday. The National Grid and TransCo need a price setting approach that overcomes the problems of complete and timely information and which would command confidence, said the House of Commons’ trade and industry select committee report on energy […]

A different method of price control is needed for gas and electricity transmission monopolies, MPs said on Tuesday.

The National Grid and TransCo need a price setting approach that overcomes the problems of complete and timely information and which would command confidence, said the House of Commons’ trade and industry select committee report on energy regulation.