This article was extracted from our Energy Spectrum publication published 23 May 2022. Energy Spectrum is a weekly news service which keeps you up-to-date with developments in the market. Find out more and request a free trial here.
Last week I was on a great panel for Mott Macdonald and the Energy Industry Council on UK security of supply. Amidst discussions on skills, technology choices, market structures and fuel mixes, my main theme was that costs in the energy sector are generally rising, and I don’t just mean the obvious issue of gas and rising wholesale prices, although this is something we expect to see continue. More concerning is that the picture on wider costs also looks challenging.
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