Jonny Marshall
jonnymarshall.bsky.social
Jonny Marshall
@jonnymarshall.bsky.social
Principal Economist at the Resolution Foundation @resfoundation.bsky.social working on energy and climate policy
Keeping the costs of delivering electricity to families down is vital too. New network costs will push up standing charges and these are already baked in. But for future deals ministers and Ofgem should think harder about keeping costs down www.resolutionfoundation.org/publications...
Electric dreams • Resolution Foundation
A low carbon electricity system will underpin the UK’s journey to net zero, making the electricity we use today greener but also fuelling our cars and keeping us warm at home in decades to come. But t...
www.resolutionfoundation.org
January 14, 2026 at 9:28 AM
A key test is being able to use as much of this electricity as possible. This means changing how households interact with the energy system and pricing electricity to account for its different values at different times and in different places www.resolutionfoundation.org/publications...
Flex appeal • Resolution Foundation
Britain needs to transform its electricity system for net zero, shifting from fixed prices to time-and-location varying tariffs. This could save £18bn annually by 2040, but it requires careful design ...
www.resolutionfoundation.org
January 14, 2026 at 9:28 AM
Also good that floating offshore wind only accounts for <200 MWh of capacity – just 2 tiny projects being successful. There may be a long term role for floating offshore wind, but prices are too high (£216/MWh) for it to feature prominently now.
January 14, 2026 at 9:28 AM
8.4 GW is a good haul – right at the top of end of expectations. And £91 per MWh (£89 for one project) shouldn’t see bills increase. Costs are high at the moment so this is probably the best that could be expected. Until interest rates come down we won’t see prices fall below those in earlier rounds
January 14, 2026 at 9:28 AM
By spreading the costs of these policies over the general tax base, nearly three-in-four British households would be better off. We would also spur on the net zero transition by making electricity cheaper, and avoid landing HMT with an unmanageable bill 7/
October 16, 2025 at 9:33 AM
Taxpayers and billpayers are of course the same people. But the distributional consequences of raising money through bills or taxes is very different 6/
October 16, 2025 at 9:33 AM
We think that the costs of welfare policies and (some) energy policies should be moved from bill payers to taxpayers – and carbon taxes that have served their purpose should be cut. 5/
October 16, 2025 at 9:33 AM
And Government should be looking to act as energy bills are where the cost-of-living crisis continues to hit family budgets.

Bills are 25% higher in real terms than they were before the energy crisis and they represent one of the biggest costs families face 4/
October 16, 2025 at 9:33 AM
We should look to change these stealth taxes. But any changes here need to work for vulnerable households, for the net zero transition, and be realistic within the Government’s fiscal rules 3/
October 16, 2025 at 9:33 AM