Investors call for urgent clarity on level of UK energy windfall tax | Financial Times (ft.com)
Richard Crawford from TRIG manager InfraRed Capital said:
“We are really asking the government not to do something that further destabilises the situation in the UK for renewables, especially at this time,” he said, as he called on the government to use the EU cap as a guide. “I really wouldn’t recommend the UK setting a cap at a lower level than that, making the UK less attractive as an investment destination,” Crawford added.
Matthew Hose, analyst at Jefferies, said that before Russia’s full-scale invasion of Ukraine, future wholesale price expectations averaged £100/MWh but at times were as high as £160/MWh.