people to be able to switch. but at a much higher price point? £2,000 for a slightly bigger than normal house? right now, the price cap is protecting customersl from the volatility| that we re seeing. at the beginning of the gas pipelines in russia, energy is being used as a form of diplomacy. loyal customers being reassured by its gas supply chief, others encouraged to do deals. translation: as far as prices are concerned, you can see i that those countries that have long term contracts with russia have no problems. those countries that decided to reject long term contracts and buy gas on the spot market, they have got problems. there are long term solutions, more storage for gas and more insulation for homes. but that s not going to alter a record energy crunch over the coming months. faisal islam, bbc news. let us see what it s like this evening. here is the weather. hello.
have been reassured by its gas sopply chief- have been reassured by its gas supply chief. have been reassured by its gas su -l chief. ., , supply chief. long term impacts with russia have supply chief. long term impacts with russia have problems. supply chief. long term impacts with russia have problems. they - supply chief. long term impacts with russia have problems. they have - supply chief. long term impacts with | russia have problems. they have got problems. there are long term solutions, more storage for gas, more insulation for homes but that is not going to alter a record energy crunch over the coming months. next to paris where survivors of an embassy must attack on the vatican concert venue in the city nearly six years ago the survivors of a islamist attack on the bataclan venue. i m here because people who cannot speak and are not yourso people who cannot speak and are not your so cannot speak. i m going to speakfor them. i ve been doing it for six years but i will
leads to greater uncertainty in the market and i think that shows exact why we need vigorously to pursue new findings. why we need vigorously to pursue new findines. , ., why we need vigorously to pursue new findines. , . , .., . findings. they have been encouraged to use the websites findings. they have been encouraged to use the websites for findings. they have been encouraged to use the websites for years - findings. they have been encouraged to use the websites for years and - to use the websites for years and they find they do not work at the moment. the system seems completely broken right now. right moment. the system seems completely broken right nova broken right now. right now the -rice ca- broken right now. right now the price cap is broken right now. right now the price cap is providing broken right now. right now the price cap is providing one - broken right now. right now the price cap is providing one of- broken right now. right now the price cap is providing on
and that is because of the changes we are seeing in the wholesale market and in gas prices. - however, as these changes work through, we do expect the market to unlock and, - absolutely, in the future, we expect people to be able to switch. at the beginning of the gas pipelines in russia, energy is being used as a form of diplomacy, with their supply restrictions helping drive up the price. its gas supply chief using the moment to tell nations to do deals with president putin. translation: as far as prices are concerned, you can see - that those countries that have long term contracts with russia have no problems. those countries that decided to reject long term contracts and buy gas on the spot market, they ve got problems. president biden s top diplomat told the bbc that russia needed to open up flows of gas to europe. we have long been concerned about russia using energy as a tool of coercion and a political weapon. we ve seen it happen before and we could see it happen again. i t
others to do deals. this reassured by its gas supply chief, others to do deals. reassured by its gas supply chief, others to do deals. as far as prices are concerned, others to do deals. as far as prices are concerned, you others to do deals. as far as prices are concerned, you can others to do deals. as far as prices are concerned, you can see - others to do deals. as far as prices are concerned, you can see those l are concerned, you can see those countries that have long term contracts with russia have no problems. those countries that decided to reject long term contracts have got problems in. there are long term solutions, more storage for gas and more insulation for homes. but that s not going to alter a record energy crunch over the coming months. faisal islam, bbc news. ministers say that decarbonising the uk s power supply in the years ahead will protect customers from volatile changes in the price of fossil fuels. until that happens, homes and businesses will have to d