Natural gas was the most expensive fossil fuel bought by major power producers in the United Kingdom, at 5.01 pence per kilowatt-hour in the second quarter of 2023. This represents roughly a 13 percent increase compared to the same quarter a year prior. The average price of natural gas peaked in the third quarter of 2022, at 5.97 pence per kilowatt-hour. Nonetheless, figures slightly decreased to 5.34 pence per kilowatt-hour in the first quarter of 2023. By comparison, at that same time, coal was the cheapest fuel, at 1.74 pence per kilowatt-hour.
Average price of fossil fuels bought by major power producers in the United Kingdom (UK) from Q1 2012 to Q2 2023
(in pence per kilowatt-hour)
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GOV.UK. (December 21, 2023). Average price of fossil fuels bought by major power producers in the United Kingdom (UK) from Q1 2012 to Q2 2023 (in pence per kilowatt-hour) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/382252/price-of-fuels-for-major-power-producers-in-the-united-kingdom-uk-quarterly/
GOV.UK. "Average price of fossil fuels bought by major power producers in the United Kingdom (UK) from Q1 2012 to Q2 2023 (in pence per kilowatt-hour)." Chart. December 21, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/382252/price-of-fuels-for-major-power-producers-in-the-united-kingdom-uk-quarterly/
GOV.UK. (2023). Average price of fossil fuels bought by major power producers in the United Kingdom (UK) from Q1 2012 to Q2 2023 (in pence per kilowatt-hour). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/382252/price-of-fuels-for-major-power-producers-in-the-united-kingdom-uk-quarterly/
GOV.UK. "Average Price of Fossil Fuels Bought by Major Power Producers in The United Kingdom (Uk) from Q1 2012 to Q2 2023 (in Pence per Kilowatt-hour)." Statista, Statista Inc., 21 Dec 2023, https://www.statista.com/statistics/382252/price-of-fuels-for-major-power-producers-in-the-united-kingdom-uk-quarterly/
GOV.UK, Average price of fossil fuels bought by major power producers in the United Kingdom (UK) from Q1 2012 to Q2 2023 (in pence per kilowatt-hour) Statista, https://www.statista.com/statistics/382252/price-of-fuels-for-major-power-producers-in-the-united-kingdom-uk-quarterly/ (last visited December 22, 2024)
Average price of fossil fuels bought by major power producers in the United Kingdom (UK) from Q1 2012 to Q2 2023 (in pence per kilowatt-hour) [Graph], GOV.UK, December 21, 2023. [Online]. Available: https://www.statista.com/statistics/382252/price-of-fuels-for-major-power-producers-in-the-united-kingdom-uk-quarterly/
