{"id":471341,"date":"2026-03-12T11:16:08","date_gmt":"2026-03-12T11:16:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/471341\/"},"modified":"2026-03-12T11:16:08","modified_gmt":"2026-03-12T11:16:08","slug":"elon-musk-steps-into-the-uk-energy-crisis-politico","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/471341\/","title":{"rendered":"Elon Musk steps into the UK energy crisis \u2013 POLITICO"},"content":{"rendered":"<p>After Musk&#8217;s comments about violence, Labour backbencher Clive Lewis said in September: \u201cElon Musk shouldn\u2019t be allowed anywhere near our critical infrastructure.\u201d <\/p>\n<p>The news comes at it a critical time for the domestic retail market, with\u00a0<a href=\"https:\/\/www.energy-uk.org.uk\/news\/energy-uk-raises-alarm-over-5-5-billion-energy-debt-crisis\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">industry warnings<\/a>\u00a0that customer debts have hit\u00a0\u00a35.5 billion.\u00a0Disruption of key trade routes in the Gulf has pushed up\u00a0wholesale gas and oil\u00a0prices sharply.\u00a0\u00a0<\/p>\n<p>Ofgem&#8217;s license for Tesla Ventures took effect on Wednesday,\u00a0the regulator said.\u00a0<\/p>\n<p>It said the company must\u00a0comply with\u00a0all licensing conditions including requirements for treating customers fairly,\u00a0financial responsibility, operational capability, billing, information\u00a0provision\u00a0and consumer protection.\u00a0<\/p>\n<p>Ofgem will have assessed whether Musk was a \u201cfit and proper\u201d person to lead a U.K energy supplier, although experts have previously said that is unlikely to take political statements into account.<\/p>\n<p>Ed Miliband&#8217;s Department for Energy Security and Net Zero has been approached for comment.<\/p>\n","protected":false},"excerpt":{"rendered":"After Musk&#8217;s comments about violence, Labour backbencher Clive Lewis said in September: \u201cElon Musk shouldn\u2019t be allowed anywhere&hellip;\n","protected":false},"author":2,"featured_media":471342,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[65180,459,11184,141,9610,995,1344,59,57,58,464,420,467,50,2023,7862,426,56,54,55],"class_list":["post-471341","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-kingdom","tag-clive-lewis","tag-crisis","tag-critical-infrastructure","tag-donald-trump","tag-ed-miliband","tag-elon-musk","tag-energy","tag-gb","tag-great-britain","tag-greatbritain","tag-infrastructure","tag-keir-starmer","tag-markets","tag-news","tag-retail","tag-tommy-robinson","tag-trade","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/471341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=471341"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/471341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/471342"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=471341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=471341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=471341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}