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In a blog, Rupert Darwall described the argument of his latest paper for Reform.
“Ministers recognised that the market would reveal what are the best sources of energy, at the best price. The programme delivered new investment in generating capacity, huge increases in productivity and a sharp fall in prices.
“Coming forward only 15 years, the picture is very different. It is dawning on consumers that they face the prospect of rising energy prices for years to come. Consumers and businesses are rightly worried about the lights going out.
“Ministers have found it convenient to blame energy companies, and the market, for this change of picture. In fact blame lies in bad policy decisions.”