Daily: Power To The People - Inside the Energy Crisis

The Bunker

With gas prices soaring, and energy companies going bust, is it time for the Government to intervene? And while the Business and Energy Secretary described events as a “perfect storm”, how much of that storm was warned about, and even self-inflicted? Former energy trader and co-founder of one of the UK’s largest green energy suppliers, Amit Gudka tells Alex Andreou why Britain is so exposed to volatile prices, what the Government should be doing to solve the crisis, and if Brexit is to blame. “This is a sector where there have been very low margins for a while, putting a cap on prices only increases the pressure.” - Amit Gudka “If you nationalise the supply sector, with the UK being a net importer of gas, you do put yourself at risk to global price rises.” - Amit Gudka “Moving investment into batteries is the big challenge, but it’s also a big opportunity.” - Amit Gudka Presented by Alex Andreou. Produced by Andrew Harrison. Assistant producers: Jelena Sofronijevic and Jacob Archbold. Music by Kenny Dickinson. Audio production by Alex Rees. THE BUNKER is a Podmasters Production See acast.com/privacy for privacy and opt-out information.