Ratings agency says UK energy crunch will be temporary

#Energy Moody's says energy efficiency, new wind power and the return of gas plants will keep power prices in check

The wholesale price of electricity should remain flat and could even fall, according to new research from the rating agency Moody's which will be welcomed by government and consumers.

New offshore wind farms, better insulated houses and the possibility of weaker gas prices are likely to combine to help halt what many expected to be a steady rise in retail prices.

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