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Energy supplies on rollercoaster and heading downhill fast, warns Ofgem

2013-02-19 07:35:00| Climate Ark Climate Change & Global Warming Newsfeed

Press Association: 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. Writing in the Daily Telegraph, Buchanan said: "We have to face the likelihood that avoiding power shortages will also carry a price. If you can imagine...

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Category:Electronics and Electrical

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