Fears Over Future Cost of Power ; Watchdog Warns of Increase

Summary


THE energy watchdog today said UK consumers faced potentially steep price rises in their gas and electricity bills as supplies become more volatile.

In a review of Britain's energy market, Ofgem said an investment of up to pounds 200bn is needed to secure supplies and meet environmental targets.

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Fears Over Future Cost of Power ; Watchdog Warns of Increase

It lists four possible scenarios for the future and in one - that of a strong resurgence in global economies along with mi...

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