Octopus

Household energy bills prices are likely to rise even higher this autumn as the war in Ukraine deepens the gas crisis, the boss of one of the UK's largest ...

"The way our energy system works is that if we're not buying Russian gas it will be diverted somewhere else", he said. "Wholesale markets are incredibly volatile and we can't predict where they're going to go, but if they stay where they are we will see prices go up again in winter," he added. Renewable electricity allows us to have cheap energy - in fact it gets cheaper every year - that's closer to home. But I do hope that they recognise the impact these energy bills are going to have on people means that additional support could be provided when appropriate." I grew up in the 1970s and we've seen them pretty much every decade since. "The price keeps going up because we had a global energy crisis, exacerbated by the terrible war in Ukraine, and in the short term, the UK is stuck with these energy prices," he said.