Energy Briefing – January 2024

Our Latest Energy Briefing

The latest Energy Briefing from Swan Energy, and first for 2024, has now been distributed.


In this edition there are many updates, including:

  • Ofgem to increase energy price cap by 5% in 2024 as risk of higher wholesale costs increases.
  • Middle East tensions cause sharp increase in European gas prices and threats to supply.
  • UK Water companies propose large increase in bills to fund debt repayments and investment.
  • Controversial new agreements signed at COP28.
  • UK may introduce carbon border tax on carbon-intensive imports from 2026.


And much more!

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Dr Tom Wood

Research Consultant

Dr Tom Wood

Research Consultant

Tom has been working with Swan Energy for five years now. He writes and edits the Energy Briefing and undertakes some of the analysis work involved in other projects.

For a number of years Tom has been working towards his PhD at the University of Leeds and has recently completed this. His research was focused on the consequences of climate change.