Why is UK inflation still so high?
Lower energy prices will make a big difference, but there is a long way to go before inflation hits anything like normal levels.
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Lower energy prices will make a big difference, but there is a long way to go before inflation hits anything like normal levels.
Even as we approach the 70th anniversary of the first nuclear power stations, there is still no global consensus on how best to handle high level nuclear waste.
The change reflects shifting dynamics in world energy markets – and the country’s unique circumstances.
Reaction’s energy guru peers into his crystal ball on gas, oil, petrol, Net Zero and COP28.
Wholesale gas prices have tumbled in recent weeks to below pre-Ukraine invasion levels.
A cold, cloudy, windless winter will be high up on Vladimir Putin’s Christmas list.
With energy shortages and economic downturn on the cards, much of Europe will soon face the real consequences of Putin’s war in Ukraine for the first time.
The reality is that we are dealing with a transition, not teleportation, from a fossil fuel present to a renewable future.
In the near term, the energy crisis is likely to lead to higher carbon emissions. But longer term, gas shortages could accelerate the move away from hydrocarbons.
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