Electricity and gas prices cannot be linked forever – UK energy minister

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Updated: Jun 28, 2022, 10:37 UTC

LONDON (Reuters) - British business minister Kwasi Kwarteng said on Tuesday it would not be possible to link electricity and gas prices forever, as Britons face higher energy bills due to soaring gas prices.

LONDON (Reuters) – British business minister Kwasi Kwarteng said on Tuesday it would not be possible to link electricity and gas prices forever, as Britons face higher energy bills due to soaring gas prices.

“It cannot be the case forever that we can link directly our electricity prices to gas prices when gas is only a portion of the electricity generating mix,” Kwarteng said, in response to a question from a parliamentary panel on further support for bill payers.

(Reporting by Muvija M, writing by Sachin Ravikumar, editing by William James)

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