Energy supplies are on a “rollercoaster” and heading downhill fast, Ofgem has warned again.
The energy regulator’s chief executive, Alistair Buchanan, issued the stark warning to consumers and businesses to prepare for higher prices as power plants close, foreign gas supplies shrink and increasing demand tightens the British energy market.
Households are to face much higher energy bills for years to come, owing to over-reliance in the UK on imported gas, the head of Ofgem warned on Tuesday.
Both Guardian, today
Anyone else suspect the beginnings of an official campaign to soften public attitudes towards fracking?