Tue, 21 Sep 2021 05:00:33 GMT
From moves by China and Russia to changes in UK regulation, these are the factors that created the perfect storm
The UK’s energy system has been plunged into chaos by a perfect storm of market forces which threatens to rip through the economy from home energy suppliers to heavy industry, and from factories to farmers.
This has stoked fears that a wave of energy suppliers will collapse, and that households will be saddled with unaffordable bills. As the colder weather draws in, these are the factors shaping the energy crisis.
Source link for full text: https://www.theguardian.com/business/2021/sep/21/what-caused-the-uks-energy-crisis