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Industry Profile: UK Energy Market

Level:
A-Level, IB Diploma
Board:
AQA, Edexcel, Eduqas, IB, OCR, WJEC

Last updated 18 Nov 2022

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In this video we build contextual background on the UK gas market and explain why prices have been rising and many smaller suppliers exiting the industry.

The steep increase in fuel bills is likely to cause a sharp rise in fuel poverty and force millions of households in the UK on into making tough choices about how to spend their limited budget.

UK Energy Price Crisis (2021-22) - Overview of the Market
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