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<p>The main driver of trends in energy prices for domestic and business customers
over the last 5 years has been movements in international gas prices, which determine
the amounts charged for both domestically produced and imported gas. The Department
publishes data on <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fassets.publishing.service.gov.uk%2Fmedia%2F6582dffd23b70a000d234cf3%2FET_1.3_DEC_23.xlsx&data=05%7C02%7CParliamentary.PQ%40energysecurity.gov.uk%7Cf5151564e563448915ec08dc10331a46%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638403058872868961%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=bQK%2FhMxGa3K7iGZ9WCC%2FjWB6PPX5PHwc5c3oyfdvCFA%3D&reserved=0"
target="_blank">the UK's overall net imports</a>, with separate data on imports of
<a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fassets.publishing.service.gov.uk%2Fmedia%2F6582c0cbfc07f300128d4531%2FET_4.4_DEC_23.xlsx&data=05%7C02%7CParliamentary.PQ%40energysecurity.gov.uk%7Cf5151564e563448915ec08dc10331a46%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638403058872868961%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=XQHcOTo2AUksscn5cOfMgGBXme0OTVyOEjrkY1vKHeU%3D&reserved=0"
target="_blank">gas</a> and other energy products, alongside <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fstatistics%2Fquarterly-energy-prices-december-2023&data=05%7C02%7CParliamentary.PQ%40energysecurity.gov.uk%7Cf5151564e563448915ec08dc10331a46%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C638403058872868961%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=Fr2dwPX0vPLlaJTRT9%2BCNxaBgRO59OgrxUO8sjajPzA%3D&reserved=0"
target="_blank">energy prices</a>. Developing more home-grown sources of energy supply
– including renewables – will help reduce the exposure of UK energy prices to volatile
international markets.</p>
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