Wiltshire-based renewable energy supplier Good Energy is 90%
hedged for the next 12 months to help limit the firm’s exposure to soaring
energy prices and volatility of the market.
However, the company said: “The business, like the sector at
large given recent supplier exits, remains subject to a higher level of market
risk.”
Nigel Pocklington, chief executive officer of Good Energy,
said: “Despite the recent volatility in wholesale energy prices, we remain
positive on the long-term opportunity in our chosen markets. Recent electric
vehicle sales data proves the acceleration of adoption and reinforces the scale
of opportunity for Good Energy in this market.”
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