Volatile Gas Market Demonstrates Need To Diversify
A spike in wholesale gas prices prices this week caused debate into whether the UK needs to accelerate it’s decarbonisation of our energy sector.
This Carbon Brief article reports on the cause of the spike and likely outcomes.
Adopting a decarbonisation target could be one way to encourage investment in renewable technologies over gas at the same time as providing the UK with greater energy security
Weaning ourselves off the reliance on gas is a tough road and in the short and medium term, the consumer is going to bear the brunt of these fluctuations in gas market prices.