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Cost of Living Crisis: Energy prices soar as government set to intervene on renewable energy firm profits
UK energy prices continue to increase with many worried about the house electricity prices throwing many households into debt during cost of living crisis.
Business Secretary expected to intervene by offering incentives to renewable energy firms in a bid to ensure they decrease prices. Currently, many renewable energy firms are benefitting from the high prices in the energy market despite green sources of energy having lower operating costs. Green energy firms are being criticised for profiting off the back of the energy crisis and increasing dividends for shareholders.
Pictured is Knabs Ridge Wind Farm operated by RWE Npower Renewables in North Yorkshire outside Harrogate.
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