Why have energy bills been rising?

Anna Valero

CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE

Abstract: The UK has been particularly exposed to the global energy crisis - partly due to the country's dependence on gas for heating and electricity generation, and partly its poorly insulated housing stock. After predictions that annual utility bills would more than triple by October 2022 compared with the previous winter, the government announced a support package for households and businesses. Anna Valero says there is now a need to double down on efforts to build resilience and meet net-zero targets.

Keywords: UK Economy; Green Growth; Cost of living; Policy (search for similar items in EconPapers)
Date: 2023-02-21
New Economics Papers: this item is included in nep-ene and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepcnp:646

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