Energy suppliers are facing a crisis as the price of gas has soared in recent weeks, putting several suppliers out of business.
Some factories have also been forced to stop production.
The price of wholesale gas has surged by 250 per cent since the beginning of the year and added.
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Since August this has further increased by 70 per cent, according to figures from Oil & Gas UK.
There are many factors involved in the increased price of gas, one of which is the economy opening up from the pandemic, increasing demand for gas.
Furthermore, Europe is about to start entering winter, when gas demand will be highest, especially from countries such as the UK which overwhelmingly rely on gas to heat homes.
Other factors contributing to the price surge is supply from Russian recently drying up while demand in Asia is high, increasing the pressure on international markets.
In the UK, several gas platforms in the North Sea have closed to perform maintenance that was paused during the pandemic.
In a further stroke of bad luck contributing to the crisis, cables that import electricity from France were damaged last week.
September has also not been a very windy month decreasing wind energy supplies which means more gas is needed to produce electricity.
