Study: UK has spent additional £75bn on fossil gas since energy crisis began

Stuart Stone
clock • 5 min read
Credit: iStock
Image:

Credit: iStock

Think tank seeks to calculate the full extent of UK's gas bill since energy crisis and Russia's invasion of Ukraine began

The UK has spent around £105bn on wholesale gas since prices of the fossil fuel first started soaring two and a half years ago, underscoring the huge financial cost of fossil fuels to consumers and the...

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 Energy

Voltalis and Powervault launch 'UK first' battery flexibility pilot across 300 UK homes

Voltalis and Powervault launch 'UK first' battery flexibility pilot across 300 UK homes

Partners claim demand side response project could unlock new revenue streams and the possibility of zero electricity bills for UK homeowners

Stuart Stone
clock 12 September 2025 • 3 min read
 IEA downgrades low carbon hydrogen production forecasts

IEA downgrades low carbon hydrogen production forecasts

Sector has been struck by wave of project cancellations, but agency claims 'robust expansion' by 2030 is still possible

clock 12 September 2025 • 3 min read
Record sunshine powers Britain's grid to cleanest three months on record

Record sunshine powers Britain's grid to cleanest three months on record

Analysis from Imperial College London and Drax suggests government's 2030 clean power mission could be within reach, as Britain's grid decarbonisation continues apace

Michael Holder
clock 11 September 2025 • 3 min read