Analysts expect slower economic growth and less switching from coal or oil to gas

The Rough site has the capacity to store enough to cover the UK’s needs for ten days

The plant was initially brought online in 2007 and was shut down in September 2020 for repairs following a fire

A credit rating agency expects power prices to soar to more than €200/MWh in some European markets

Average electricity bills will go up by 27% while gas bills will rise by 39%

There will be “a significant gap in prices” during the summer months, according to a new report

Improved insulation of six million homes will save around £200 on gas bills from April, according to new research

Behavioural change in energy demand could offset some of the pressure of soaring gas prices, MPs told

If the UK continues to import Russian gas at the same pace and price it would spend an estimated £2.3 billion in a year

The agency suggests the decline will be down to lower gas burn in the power sector