Subject Predicate Object
AqTGSlOd
a
Resource
Answer
Written answer
answer has question
Fiupl1Ka
answer has answering person
John Henry Hayes
answer text
<p>The statement should have referred to UK wholesale gas prices rather than global gas prices. A revision to clarify this is being issued by the Department to the Annual Energy Statement page 8, paragraph 1.10, which reads:</p><p>“Energy costs are a big factor in most households' expenses, and rising global gas prices, which were 50% higher in the five years from 2007 to 2011 than in the previous five years”.</p><p>The National Balancing Point (NBP) is the virtual point on the UK's gas transmission system where wholesale gas is traded. The average NBP spot price in the five years from 2007-11 was 43.5 pence per therm. The equivalent figure for the preceding five years from 2002-06 was 28.5 pence per therm implying a period-on-period increase of 52.7%.</p>
answer given date
answer has answering body
Department of Energy and Climate Change
written answer has answering body
Department of Energy and Climate Change
Department of Energy and Climate Change
answering body has written answer
AqTGSlOd
answering body has answer
AqTGSlOd
Fiupl1Ka
question has answer
AqTGSlOd
John Henry Hayes
answering person has answer
AqTGSlOd