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Transcripts for BBCNEWS BBC News 20210918 17:05:00

Supermarkets said the disruption could not have come at a worse time with the lorry driver shortage already causing issues. the rising price of gas is mainly being felt by businesses at the moment but it is likely to feed through in terms of higher bills for consumers at a time when the cost of living is already rising. the business secretary kwasi kwarteng says britain can meet demand for gas and that the government does not expect supply emergencies this winter but when it comes to prices there are global factors at play. katy austin, bbc news. a short time ago i spoke to emma pinchbeck, the chief executive of energy uk who you saw in katy s report. i began by getting her reaction to reports more firms could go bust. we are seeing a record breaking price of international gas and that does feed through to the market and we have seen four supplier failures in recent weeks partly because of that and

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Transcripts for BBCNEWS BBC News 20210918 17:10:00

There is no security of supply risk at the moment, so it is a demonstration of having lots of different technologies works, we are at a third of renewables, we are confident we should keep pushing net zero to get us off international gas and on to more domestic resources. the message for the government is, we should be investing in more of the other technologies alongside renewables. it also storage of hydrogen and other things. obviously the government needs to do more. before we get to what needs to be done for the renewables, what does the government need to do to help mitigate the effects of this particular crisis, what would you like to see? this is going to sound like a copout, but it is a fast moving picture and it is hard to say what the specifics impacts are. government is talking to the industry to work out where the pressure points are, the supply chains and businesses. where do you think they are? at the moment they are in retail, that is where we are seeing the pressure an

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Transcripts for BBCNEWS BBC News 20210918 17:00:00

This is bbc news, the headlines at six: rising global gas prices: ministers insist there s no cause for immediate concern over the supply of gas after a meeting with industry leaders, as at least four energy companies are expected to go bust next week. we ve already seen four supplier failures in recent weeks, partly as a consequence of that and partly as other features of the market. it s really difficult to tell whether there will be any more. that s one of the reasons that government is talking to industry this weekend. holiday firms say they expect a surge in bookings, after travel restrictions in england are relaxed. france is recalling its ambassadors to australia and the united states, in protest over a security deal,

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Transcripts for BBCNEWS BBC News 20210918 17:07:00

Where is that support? they can come to the energy uk website. in the summer when we were looking at the high price of gas, the energy suppliers came up of additional places on top of the ones that were already obligated to provide for energy customers. they can go to citizens advice, but the first thing to say is just phone your supplier. if you are worried about paying your energy bill this autumn, there is help, just get on the phone to your supplier. i understand when a company does go bust and we could well see that, there is a process which kicks in and bigger companies are allowed to bid and take over the smaller companies, how likely is it they will do that with the prices and the crisis? yes, we have had suppliers go through it already this year. one of the things we are worried about is the impact. that is one of the questions in consideration at the moment. we want to make sure

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Transcripts for BBCNEWS BBC News 20210918 17:09:00

Is over to make sure it is properly sustainable for the future. ok, i think you released a statementjust recently about net zero and renewables. renewables are the cheapest form of power available and there are success stories in the uk. when you say success story, when you look at what has happened now, what does it say about the state of renewables, in that they were not there to help pick up the slack? this crisis is entirely about the really high price of international gas and in many ways, it is because of the geopolitics around gas. also a shortage of gas in storage across europe. i think that says we want to be developing our own domestic renewables and the uk has the best wind resources in the world. we advocate for 100% renewables because we need electricity mix and you add other technologies on.

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