Spike in wholesale gas prices will not result in goods shortages or price hikes for UK customers, COP26 president Alok Sharma says
A spike in wholesale gas prices will not result in goods shortages or price hikes for customers in the UK, a climate change minister has said.
Mr Sharma told the BBC's Andrew Marr Show that people should not be concerned about the risks of gas supply."Of course, when it comes to prices there will be concern as well," he said. Mr Sharma said: "A significant part of our gas supply comes domestically. The imported gas primarily comes from countries like Norway so we are securing that.""That's how we ensure you have a clean energy mix and you have security of supply in our country," he said.Greg Jackson, chief executive of Octopus Energy - one of the UK's six largest providers - said this was "the most extreme energy market in decades".
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