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Why decarbonisation is key for energy security

The current crisis shows we need a just and speedy net zero transition

By Kayte O’Neill

The scale of the current energy and cost-of-living crisis is unprecedented. Vladimir Putin’s war in Ukraine has caused the price of gas and electricity to skyrocket. Energy bills have risen rapidly, with many domestic and business consumers struggling to pay their bills and facing extremely difficult decisions this coming winter.

The government’s recent announcement of a temporary energy price cap freeze will prevent the average dual fuel bill rising to over £5,000 per year – which would be catastrophic for many consumers – but it still represents a 150 per cent increase from 2021.

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