The UK’s largest energy consuming manufacturers have asked industry secretary Stephen Byers to investigate the 50% increase in UK gas prices over the last year.
The Energy Intensive Users Group, the umbrella body for the largest industrial consumers, sent Byers a letter this week asking him to look into `this remarkable rise in gas prices’.
Ian Blakey, EIUG chairman, is also understood to have discussed the price rise with European Commission energy officials in Brussels. He said a similar rise in the price of any other commodity would warrant a government investigation: `This is a hell of a big increase, so what’s going on?’
Blakey said a number of contributing factors had been identified – such as the sharp increase in prices shippers were paying to Transco for access to the national transmission system. But they did not explain the size of the rise.
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