Study: Fossil fuel gas responsible for 80 per cent of increase in electricity prices

clock • 2 min read
Gas pipeline in the process of building through a forest near a Saransk in Russia, 2015 | Credit: iStock
Image:

Gas pipeline in the process of building through a forest near a Saransk in Russia, 2015 | Credit: iStock

Analysis from think tank Ember reveals skyrocketing prices are driven almost entirely by reliance on fossil fuel gas

The skyrocketing price of fossil gas is responsible for 80 per cent of the increase in UK wholesale electricity prices experienced over the past year, a new analysis from energy think tank Ember has revealed....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

'A new industrial icon': Plans for £923m Port of Tyne subsea cable factory revealed

'A new industrial icon': Plans for £923m Port of Tyne subsea cable factory revealed

Five-week public consultation launched on proposals to develop a high voltage cable production facility in the north east

Stuart Stone
clock 14 May 2025 • 4 min read
'Great grid build-out': Will grid constraints derail Europe's clean energy boom?

'Great grid build-out': Will grid constraints derail Europe's clean energy boom?

Major new report warns outdated grid planning and weak governance risks stalling Europe's clean energy transition

James Murray
clock 13 May 2025 • 6 min read
Is the UK's energy storage growing fast enough?

Is the UK's energy storage growing fast enough?

Victor Becerra explains why paying wind farms not to export power may soon be a thing of the past

Victor Becerra, University of Portsmouth - The Conversation
clock 09 May 2025 • 5 min read