Gas prices: how to ensure consumers don't pay for the next energy crisis

By Matthew Hannon, Strathclyde Chancellor's Fellow of Technology and Innovation, University of Strathclyde
Jonathan Clarke, Senior Teaching Fellow in Global Sustainable Development, University of Warwick

Wholesale gas prices have increased by 250% in the UK since January, and 70% since August, causing some energy suppliers to collapse and factory production to falter.

The roots of the UK’s energy crisis are now well-documented. A cold winter depleted gas reserves and rebounding global economic activity in the spring and summer meant these weren’t replenished, while low winds in…

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