Gas, not net zero, has driven up UK power bills

Q: How long will it take to read this news story?

The story "Gas, not net zero, has driven up UK power bills" has 824 words across 38 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Gas, not net zero, has driven up UK power bills" was covered 12 hours ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 14 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27165676</li><li>URL: https://chronographically.beamstart.com/news/gas-not-net-zero-has-17423609462822</li></ul>

Financial Times 12h ago

Gas, not net zero, has driven up UK power bills - Financial Times

Quick Summary:

Stonehaven consultant, Adam Bell, a former head of energy strategy in the energy department, says if gas is the problem then it should be removed from the market by nationalising gas plants or shifting them to a long-term pricing model.

The previous Conservative government shared this goal, and launched a review of the electricity market that has prompted multiple ideas for bringing bills down faster.

Rather, it’s because the biggest and most variable component of those bills is the wholesale price of electricity and that price has long been disproportionately set by gas.