Business · Energy & Commodities · 1 hr ago

Britain expected to have enough energy for winter despite rising imports

Britain expected to have enough energy for winter despite rising imports

Britain is expected to have enough energy to meet demand this winter, according to its electricity and gas system operators.

The electricity forecast includes a 5.9-gigawatt surplus, equal to a 9.5% buffer against peak demand.

Tight days could still occur in December or January, when cold weather and low wind and sunshine can reduce supply as heating demand rises.

The National Energy System Operator may issue notices asking the market to bring in extra power on those days.

Gas supplies are expected to meet demand, but UK production is forecast to fall by about 5% while liquefied natural gas imports rise by about 6%.

Disruption to shipping through the Strait of Hormuz during the Iran war has increased competition for gas and pushed up prices.

Household energy prices are expected to rise further from January, after the price cap increased in October.

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What people are saying

Deborah PettersonNESO director of whole energy system resilience
While we never take resilience for granted, households and businesses can be confident that Great Britain's electricity system remains secure, reliable and among the most resilient in the world
via BBC
Despite continued geopolitical uncertainty and volatility in global energy markets, Britain enters this winter with a resilient and well-prepared electricity system.
via Independent
Fintan SlyeNESO chief executive
I want all colleagues at NESO to feel heard. We will act on the recommendations, working closely with our trade unions, and be open with colleagues about the progress we make
via BBC