The UK’s gasoline storage is “materially behind” Europe, the chief government of British Gas proprietor Centrica has mentioned.
Chris O’Shea mentioned there was a have to broaden gasoline storage and his firm was in search of to deliver the UK’s largest gasoline facility to full capability, however the efforts didn’t have authorities regulatory settlement.
While the UK is in a “far better” place than final yr in terms of gasoline reserves, Mr O’Shea mentioned, there’s presently solely capability to retailer gasoline for 12 days – double the quantity that may very well be saved final yr.
The quantity is dwarfed by European neighbours. Germany 90 days’ price of storage, France has 123 days, the Netherlands has 110.
A full-capacity Rough, a gasoline storage facility situated within the North Sea off the coast of the East Riding of Yorkshire, may retailer 21 days’ price of gasoline.
Read extra
Nearly 100,000 prepayment vitality meters forcibly put in final yr
British Gas earnings to be ‘considerably increased’ in first half of yr
It comes because the National Grid Electricity Systems Operator (ESO) confirmed it’ll have no coal-fired energy as back-up this winter, if wanted, to assist preserve the lights on. There had been 5 contingency models to name on final winter, used as soon as in March when a chilly snap damage wind era.
When requested in regards to the weaning away from emergency coal energy, Mr O’Shea mentioned there is probably not sufficient gasoline to energy the nation.
“If we have a very cold spell in the winter, along with no wind, then we may not have enough gas-fired generation to generate the electricity… we need a lot of technologies to have a resilient electricity system”.
Content Source: information.sky.com