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‘Major risk’ of gas shortage in UK this winter

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Britain’s energy regulator has warned there is a “significant” risk of gas shortages in the UK this winter, raising the prospect of power outages in the coming months.

“There is a significant risk of a gas shortage in the UK in the winter of 2022-23 due to the war in Ukraine and gas shortages in Europe. As a result, there is a risk of a gas supply emergency in the UK,” UK energy regulator Ofgem said in a letter to energy company SSE. stated in the letter. BBC.

The SSE, which owns four gas-fired power plants in the UK, wants to know from regulators whether it will face fines if it fails to provide electricity in circumstances beyond its control.

In the event of a gas supply emergency in the UK, gas supply to large industrial users, including gas-fired power stations, could be restricted.

In a letter to the Shanghai Stock Exchange, the British regulator said fines paid by energy companies for failing to supply electricity “could lead to the potential bankruptcy of gas generators in the event of a gas supply emergency”.

Ofgem will look into the issue with fines as a top priority, as current regulations on them will “have a significant impact on the safety and security of the electricity system”.

Last month, consultancy Lane, Clark & ​​Peacock said the UK could still face energy shortage This winter, though there are more coal-fired power plants to spare.

Uniper to keep a unit at a coal-fired power plant in the UK usable Until the end of March 2023, six months after the original date of closing the unit last month. The delay is due to the need to increase the UK’s energy supply during a difficult winter.

The EU is also preparing for a tight energy supply this winter.

Germany is currently in “Extremely tense situation” On energy supply, Economy Minister Robert Harbeck said on Friday, adding that Europe’s largest economy was still at risk of running out of gas this winter.

By: Tsvetana Paraskova of Oilprice.com

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