Business Daily - Why gas still rules power prices

Why gas still rules power prices

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The price of natural gas has shot up around the world after the war began in Iran, but how is the gas price linked to electricity in some countries more so than others?

We’ll be looking at how gas still sets the power prices so often. We’ll also look at Ethiopia, to see if hydropower could be a solution for other places who want renewables to bring down the cost of bills.

If you'd like to get in touch with the team, our email address is businessdaily@bbc.co.uk

Presented and produced by Rick Kelsey

Business Daily is the home of in-depth audio journalism devoted to the world of money and work. From small startup stories to big corporate takeovers, global economic shifts to trends in technology, we look at the key figures, ideas and events shaping business.

Each episode is a 17-minute, daily deep dive into a single topic, featuring expert analysis and the people at the heart of the story.

Recent episodes explore the weight-loss drug revolution, the growth in AI, the cost of living, the economic impact of the war in the Middle East, and why bond markets are so powerful.

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(Picture: Gas flare at petroleum and natural gas offshore power plant. Credit: Getty Images)

Published on Tuesday, 28th April 2026.

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