EnergyWatch

UK guarantees utilities' liquidity with GBP 40bn

Following similar moves made by Finland, Sweden and Denmark, the UK government offers British power companies guarantees to accommodate increased collateral requirements.

Liz Truss, Storbritanniens premierminister. | Photo: Toby Melville/REUTERS / X90004

Yet another country has opted to guarantee the liquidity of utilities facing higher collateral requirements when entering long-term agreements in the energy market.

Sky-high prices on both electricity and natural gas entail utilities being asked to place larger cautionary sums.

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