Business secretary in up to 20 meetings over weekend to ‘bottom out how bad things might be’, says senior industry insider
The government has said energy security is “an absolute priority” as the business secretary, Kwasi Kwarteng, began talks this weekend with energy industry representatives over concerns about a rise in wholesale gas prices.
Kwarteng is meeting chief executives from energy suppliers and operators to discuss the extent of the impact of surging prices, which have been blamed on high global demand, maintenance issues and lower solar and wind energy output.