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- High demand for gas and reduced supply are behind a surge in wholesale prices. Customers are protected from sudden hikes in wholesale gas prices through the energy price cap, which is the maximum price they can be charged on a standard tariff.
www.bbc.co.uk/news/business-58620167Gas crisis: No chance lights will go out, says government - BBC
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Customers will still continue to receive gas or electricity even if the energy supplier goes bust. Ofgem will move your account to a new supplier but it may take a few weeks.
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Oct 7, 2021 · A global shortage of gas has increased prices around the world, with demand rising as economies emerge from the Covid-19 pandemic. The last winter was a long and cold one across Europe and Asia,...
Feb 3, 2022 · February 3, 2022 6:04 pm. Britain has been hit harder than its European neighbours by the energy price crisis, in part because it has very little gas storage capacity. Gas stores can act as a...
Feb 9, 2015 · These gas holders have stored coal gas (town gas) and later natural gas for the UK's urban areas, but now all but a handful are obsolete.
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- Ed Ram
Sep 20, 2021 · Regulators have appointed British Gas to take on customers hit by the collapse last week of Edinburgh-based power supplier People's Energy. The move secures supplies for about 350,000 UK...
Sep 20, 2021 · The pandemic caused gas demand to plummet in spring 2020, resulting in low gas prices, reduced UK production and delayed maintenance work and investment along global supply chains.
May 4, 2023 · British Gas owner Centrica warns high energy prices could last two years. Get the latest news on British Gas from ITV News Team.
