Energy Price Forecast 2020
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- Jan 24, 2020 3:21 pm GMTJan 8, 2020 2:26 pm GMT
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This item is part of the Special Issue - 2020-01 - Predictions & Trends, click here for more
Predicting the future price of anything is a tricky business and with energy the same is true. A whole range of factors come into play such as geopolitics, environmental disasters, available supply, and consumer demand. Nonetheless, here is our energy price forecast for 2020.
Why do energy prices rise?
Several factors impact the price of gas and electricity. Market forces can cause the wholesale price of gas to rise, which results in energy customers being charged with a larger bill.