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Market Reforms Can Cut Bills by $120, Says UK Renewable Energy Firm
Posted
June 1, 2025
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8:12Now PlayingOctopus Energy Group CEO Greg Jackson says market reforms in the UK can bring bills down by about $120 per household per year. The Labour government is pushing to make the UK the first G-7 market to fully decarbonize its power system by 2030, Jackson told Bloomberg's Francine Lacqua that this will reduce dependence on gas and ultimately cut emissions by 18%.
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