Further bankruptcies of suppliers may be in the pipeline next winter because companies will be less protected by hedging strategies than during the last six months, an energy academic has warned. Giving evidence to the Business, Energy and Industrial Strategy Committee on Tuesday (8 March), Oxford Institute for Energy Studies research fellow Dr Jack Sharples said large suppliers will be “worse prepared” than they were heading into last autumn’s surge in wholesale gas costs.
More suppliers may go bust next winter, MPs warned
