UK National Grid warns that the country is running out of gas

Anca Alexe 02/03/2018 | 10:58

The UK has had very high public demand for gas during the recent period due to cold weather, and at the same time imports have been affected by outages – a situation that has prompted the National Grid to warn that the country might not have enough gas to meet public demand, according to the Guardian.

However, the government has said that households would not see disruptions to their supply or increases in bills, because suppliers have bought energy further ahead.

On the other hand, experts say that there was a strong change that industrial users could experience interruptions.

The wholesale gas prices increased significantly in the last two days, which acts as a call to suppliers to provide more gas, the first time such an alert has been issued since 2010.

The low temperatures and heavy snowfall, called the “Beast from the East”, together with Storm Emma, have been the causes of increased gas consumption across the country.

According to S&P Global plats, gas demand is now at a five-year high.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine April 2024 Issue

The April 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Caring for People and for the Planet”. To download the magazine in
Anca Alexe | 12/04/2024 | 17:28
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue