Oil is generally the most expensive fossil fuel bought by major power producers in the United Kingdom. As of the first quarter of 2021, the average price for oil was at 3.96 pence per kilowatt hour. By comparison, at that same time, natural gas price amounted to 1.63 pence per kilowatt hour, and coal was the cheapest fuel, at 0.85 pence per kilowatt hour.
Average price of fossil fuels bought by major power producers in the United Kingdom (UK) from Q1 2012 to Q1 2021 (in pence per kilowatt hour)
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GOV.UK, & UK Department for Business, Energy and Industrial Strategy. (June 29, 2021). Average price of fossil fuels bought by major power producers in the United Kingdom (UK) from Q1 2012 to Q1 2021 (in pence per kilowatt hour) [Graph]. In Statista. Retrieved May 22, 2022, from https://www.statista.com/statistics/382252/price-of-fuels-for-major-power-producers-in-the-united-kingdom-uk-quarterly/
GOV.UK, und UK Department for Business, Energy and Industrial Strategy. "Average price of fossil fuels bought by major power producers in the United Kingdom (UK) from Q1 2012 to Q1 2021 (in pence per kilowatt hour)." Chart. June 29, 2021. Statista. Accessed May 22, 2022. https://www.statista.com/statistics/382252/price-of-fuels-for-major-power-producers-in-the-united-kingdom-uk-quarterly/
GOV.UK, UK Department for Business, Energy and Industrial Strategy. (2021). Average price of fossil fuels bought by major power producers in the United Kingdom (UK) from Q1 2012 to Q1 2021 (in pence per kilowatt hour). Statista. Statista Inc.. Accessed: May 22, 2022. https://www.statista.com/statistics/382252/price-of-fuels-for-major-power-producers-in-the-united-kingdom-uk-quarterly/
GOV.UK, and UK Department for Business, Energy and Industrial Strategy. "Average Price of Fossil Fuels Bought by Major Power Producers in The United Kingdom (Uk) from Q1 2012 to Q1 2021 (in Pence per Kilowatt Hour)." Statista, Statista Inc., 29 Jun 2021, https://www.statista.com/statistics/382252/price-of-fuels-for-major-power-producers-in-the-united-kingdom-uk-quarterly/
GOV.UK & UK Department for Business, Energy and Industrial Strategy, Average price of fossil fuels bought by major power producers in the United Kingdom (UK) from Q1 2012 to Q1 2021 (in pence per kilowatt hour) Statista, https://www.statista.com/statistics/382252/price-of-fuels-for-major-power-producers-in-the-united-kingdom-uk-quarterly/ (last visited May 22, 2022)