Jodie Marshall

Energy prices are going up due to a combination of factors such as increasing demand, geopolitical tensions, and economic factors. The growing demand for energy, particularly in developing countries, puts pressure on the global energy supply, driving up prices. Geopolitical tensions can also disrupt the global oil market and lead to price spikes. Additionally, economic factors such as inflation and the transition to more sustainable form of energy, such as wind and solar power, can contribute to rising energy prices. Market speculation and manipulation by investors can also have an impact on energy prices. In summary, the increase in energy prices is a result of various factors affecting supply and demand, the economy and market dynamics.