Why UK Energy Bills Will Stay High, with Kate Mulvany
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Why UK Energy Bills Will Stay High, with Kate Mulvany
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This week we’re talking about energy bills.
The UK has some of the highest electricity prices in theworld, and global events are once again pushing oil and gas markets into the headlines. But what actually drives the cost of energy in Britain? How will the latest crisis in the Middle East feed through to household bills? And does the price cap really protect consumers in the way people think?
This week, Kate Mulvany joins host Sulaiman Ilyas-Jarrett tounpack how the UK energy market really works. Kate has worked for industry leaders such as Centrica and Cornwall Insights, and is now Director at Mulvany Consulting.
They discuss why gas still has such a big impact on electricity prices, how policy and infrastructure costs end up on bills, and why there is no single switch government can pull to make energy cheap overnight.
Keywords:
Energy Bills | Price Cap | Energy Prices | Gas | Electricity| Renewables | Fuel Poverty | Energy Security | UK Energy | Net Zero