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Uk Energy Prices To Decline Through To 2022 As 'cheap Gas Imports' Rise

by ibtimes.co.uk posted 10months ago 162 views
Falling demand and lower wholesale gas prices would cut power prices, research suggests. : Falling gas prices, low-cost imports and stable carbon prices will see wholesale power prices in the UK decline steadily through to 2022, according to new research. In a note to its clients, ratings agency Moody's said it expects that prices will fall from around £45/MWh today to £40/MWh in 2022. Graham W Taylor, senior credit officer at Moody's, said: "The forecast is driven in large part by our expectation that gas prices will fall in sterling terms.

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