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How rising wholesale electricity prices will affect the switch to electric vehicles

By Tom Stacey, Senior Lecturer in Operations and Supply Chain Management, Anglia Ruskin University

Europe is facing an energy crisis thanks to low wind-power generation, broken connections that allow electricity to be shared across nations and shrinking nuclear energy sources. The UK has responded by burning more gas to produce electricity – but gas prices are at a record high. The result is that wholesale electricity costs are at their highest levels in years, and this is having a knock-on…

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