Energy crisis stemming from Ukraine war ‘cost £1k for every UK adult’
by Alex Lawson Energy correspondent from World news | The Guardian on (#69236)
Conflict came on top of our over-reliance on gas, says Energy and Climate Intelligence Unit
The UK's over-reliance on gas has been blamed for pushing up bills as it emerged that the energy crisis stemming from the war in Ukraine had cost the equivalent of 1,000 for every adult.
A study by the Energy and Climate Intelligence Unit (ECIU) estimated that high wholesale gas prices since Russia's invasion of Ukraine nearly a year ago had cost UK energy suppliers an additional 50bn to 60bn, on top of the 10bn to 20bn spent in a normal year.
Continue reading...