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UK Forecasts Decade of Falling Gas Prices Amid Renewables Debate

2/5/2026

25 5 Full Breakdown

Summary

Story summary

A UK Department for Energy Security and Net Zero report foresees a decade of falling gas prices.
The document "Fossil Fuel Price Assumptions" argues renewables may cost more than keeping gas.
The findings challenge Ed Miliband's claim that renewables reduce bills and bolster energy security.
The forecast calls for a 15% decrease in gas prices by 2030, with declines through 2035.
The UK currently relies on gas imports from Norway and America.

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Story summary

A UK Department for Energy Security and Net Zero report foresees a decade of falling gas prices.
The document "Fossil Fuel Price Assumptions" argues renewables may cost more than keeping gas.
The findings challenge Ed Miliband's claim that renewables reduce bills and bolster energy security.
The forecast calls for a 15% decrease in gas prices by 2030, with declines through 2035.
The UK currently relies on gas imports from Norway and America.