LONDON, May 24 (Xinhua) -- The energy price cap in Britain is expected to rise to around 2,800 pounds (about 3,510.67 U.S. dollars) per year in October, the chief executive of the Office of Gas and Electricity Markets (Ofgem) warned on Tuesday.
Due to the Russia-Ukraine conflict, conditions on the global gas market have worsened, Jonathan Brearley told the parliament's Business, Energy and Industrial Strategy Committee.
