Twenty years later, now that those warnings have been borne out, the UK is increasingly concerned about security of gas supply. The extent of the gas dependency has been greatly increased in the meantime by the housing bubble years, during which many very large, open plan homes were constructed, requiring gas for heating. Also, many more existing homes than previously have installed gas or electric central heating systems, and often these homes are poorly insulated.

As the years of cheap gas are over and gas prices rise inexorably, the structural dependency on cheap gas begins to cause real pain. Household energy bills are at record levels, having risen between 6-11% in 2012 and predicted to rise again in early 2013.

Read more: