Energy price cap: Broken system must be overhauled

Posted by
Thursday 25 May 2023
GMB Trade Union - Energy price cap: Broken system must be overhauled

GMB Union today called for the 'broken' energy system following todays's price cap change.

Andy Prendergast, GMB National Secretary, said:

"While households and businesses will be cheered by the fall in the price cap, the fundamental problems with the energy system remain.

‘For generations we have failed to invest in new nuclear and whilst Hinckley Point and Sizewell suggest that action is being taken, we still face a future with a fraction of our nuclear capacity.

"When other countries are making serious investments in hydrogen technology, we seem to be paying lip service, something that will leave the UK being left behind.

"Serious investment and a national plan need to be delivered now, we can’t wait for the next crisis to take the decisions that should have been taken years ago."

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