Centrica boss says high energy bills could last two years

Chris O’Shea says rising global demand for gas partly being driven by transition away from coal and oil

The boss of the UK’s largest energy supplier has said rocketing energy prices, which are adding to the soaring cost of living for British households, could last for as long as two years.

Chris O’Shea, the chief executive of British Gas owner Centrica, said the energy market “suggests that high gas prices will be here for the next 18 months to two years”.

Continue reading…

Read More

Centrica, Energy industry, Business, Utilities, UK news, Gas, Energy bills, Consumer affairs, Household bills UK news | The Guardian

Share your love