Why do energy prices have to go up? And other questions
The wholesale price of gas has gone up over the past year across the world, due to a number of factors. These included a worldwide squeeze on energy supplies, a cold winter in 2020/21 and a relatively windless summer in 2021, which made it difficult to generate wind energy.
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How Are Energy Prices Set? And Other Questions - BBC
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Aug 26, 2022 · The typical household energy bill will rise to £3,549 on 1 October because of a new price cap set by the government's energy regulator, Ofgem. This will be an 80% rise in …
bbc.com
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High Energy Prices – Who Is Most Impacted And Why? - World …
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Jan 4, 2023 · Energy prices have risen sharply over the past year, a trend that was exacerbated by the Russian invasion of Ukraine. Though energy prices are projected to decline by 11% in …
worldbank.org
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Soaring Electricity Bills Are The Latest Inflation Flashpoint
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Sep 13, 2022 · Electricity prices have jumped 15.8% in the last year, largely as a result of high-priced natural gas, which is used to generate nearly 40% of the nation's power. The rising …
npr.org
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