Nicola Sturgeon to chair second energy summit in two months

First Minister Nicola Sturgeon will chair the second summit of energy leaders in less than two months on Thursday.

It comes as new Chancellor Jeremy Hunt announced on Monday that the energy price guarantee, which effectively capped energy prices for two years, will instead last for just six months, with a more targeted approach being introduced next year.

The August meeting was attended by charities, energy suppliers such as Scottish Power, E.ON and OVO Energy, as well as the Poverty Alliance and Energy Action Scotland.

In a statement on Wednesday, a Scottish Government spokesman said: “The Scottish Government is working hard, within its limited powers and budget, to support people, businesses, public services and the economy.

“Tomorrow (Thursday 20 October) the First Minister will host a second summit with energy companies and advisory organizations to discuss progress and identify further actions we can take to support households and businesses in the energy cost crisis.”

Mr Hunt, addressing the nation on Monday as he scrapped most of the Prime Minister’s economic initiatives, said: “This is landmark policy that is helping millions of people through a difficult winter and today I want to confirm that the support, that we will do until April next year, nothing will change.

“But beyond that, the Prime Minister and I have agreed that it would not be responsible to continue exposing public finances to unlimited volatility in international gas prices.”

Activists have feared the change could leave households facing a “cliff” on their energy bills after April.

https://www.belfasttelegraph.co.uk/news/uk/nicola-sturgeon-to-chair-second-energy-summit-in-two-months-42081044.html Nicola Sturgeon to chair second energy summit in two months

Linh

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