"Energy Boss Warns of Potential Winter Price Spike and Reveals Ambition for Britain's Hydrogen Leadership"
Originally Published 2 years ago — by BBC
The head of the International Energy Agency, Fatih Birol, has warned that energy prices could rise this winter, potentially leading governments to subsidize bills once again. Factors such as a strengthening Chinese economy and a harsh winter could contribute to a spike in gas prices, putting pressure on consumers. Birol emphasized the need for governments to promote energy-saving measures and accelerate the adoption of renewable technologies. While the UK government spokesperson stated that energy bills are expected to decrease this month, Birol cautioned that another spike in gas prices cannot be ruled out. He also highlighted the importance of reducing reliance on oil and gas to combat climate change.