‘UK’s🇬🇧 Energy Crisis Could Turn APOCALYPTIC This Winter!’
We speak to Green COO Steven Redmayne on the UK’s energy crisis. He discusses the causes of the energy crisis including the UK’s lack of gas storage comparative to other countries, an expected wave of energy suppliers collapsing over the winter months further consolidating market share for the biggest energy companies, rising demand in China for natural gas, how the halting of the opening of Russia’s Nordstream 2 Pipeline is causing energy prices to spike, inaction by Boris Johnson’s government and European governments exacerbating the crisis and much more!
We contacted Ofgem about the allegations made in this segment and a spokesperson said: “In recent weeks there has been an unprecedented increase in global gas prices which is unfortunately putting financial pressure on suppliers. Our number one priority is protecting customers. In the event a supplier fails, Ofgem has robust systems in place and our safety net ensures customers’ electricity and gas supply continue and protects their credit balances.”
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