Energy crisis stemming from Ukraine war ‘cost £1k for every UK adult’

Conflict came on top of our over-reliance on gas, says Energy and Climate Intelligence Unit

The UK’s over-reliance on gas has been blamed for pushing up bills as it emerged that the energy crisis stemming from the war in Ukraine had cost the equivalent of £1,000 for every adult.

A study by the Energy and Climate Intelligence Unit (ECIU) estimated that high wholesale gas prices since Russia’s invasion of Ukraine nearly a year ago had cost UK energy suppliers an additional £50bn to 60bn, on top of the £10bn to £20bn spent in a normal year.