In the midst of the global energy crisis, Europe is preparing for winter, when it has the lowest gas reserves in at least a decade. For Britain, which has some of the lowest gas storage capacities on the continent, pulling in cold months left households even more vulnerable to the risk of shortages.
UK stores have enough gas to meet the demand for 4-5 days in winter. This is only 1% of the total storage available in Europe. The Netherlands has more than nine times the capacity of the United Kingdom, while Germany is 16 times the size.
Britain’s continental neighbors also have lower gas market prices. However, according to business secretary Kwasi Kwaten, the link between soaring prices and modest storage levels is the “red herring.”
“There is no way to reduce storage around the world. 4 times the gas price in 4 months, As we’ve seen, “he told MP this week. “The answer to this is to get more diverse sources and more diverse sources of electricity through non-carbon sources.”
Few people argue against protecting Britain from the surge in global markets as it becomes less dependent on gas. However, many fear that the UK’s low storage levels put the UK at risk of higher prices and shortages this winter.
Labor lawmaker Stephanie Peacock accuses the government of making Britain “vulnerable” to the crisis and admits that it was a “mistake” to close the country’s major gas depot four years ago. I asked the quasi.
The rough storage facility owned by British Gas’s parent company, Centrica, has provided 70% of the UK’s gas storage capacity for over 30 years. Before closing in 2017 Following the government’s decision not to subsidize the costly maintenance and upgrades required to keep the site going.
For decades, Britain has been able to avoid investing in expensive storage in favor of utilizing domestic North Sea reserves for gas on demand. So why did Britain believe that even if these reserves were reduced, they could continue without them?
In 2013, then-Minister of Energy Michael Fallon said the decision to allow the closure of Rough would save Britain £ 750m over a decade. Instead, a variety of energy sources give the public a “reliable supply of electricity and gas at minimal cost.”
Global transportation market Marine tanker filled with ultra-cooled liquid gas I was taking off all over the world. The British shale industry has emerged within reach. Cross-border trade with European neighbors has never been more fluid. In short: There were many options.
However, critics warned that the closure of the North Sea site would expose Britain to fluctuations in the global gas market, forcing it to compete with other countries to attract ultra-high-priced imports. ..
Charles Hendry, then Tory lawmaker, said Britain should pay to build more gas storage facilities after coming within hours of running out of gas before a rough closure. Warned, the country is depleted, saying it “relies on luck” to avoid the gas grid.
A few months after the British energy company National Grid closed the rough site, Issued a formal warning The country did not have enough gas to meet demand during the freeze “Beast from the east” A storm that hit Britain in March 2018.
The gas market surged almost 75% in one day. The country did not run out of supply, but analysts estimated that the overall gas cost on National Grid’s Warning Day had risen eight-fold from normal levels.
Professor John Underhill of Heriot-Watt University in Edinburgh warned this week that the predicament of the UK gas market would only deepen throughout the winter as cold and dark days boost gas demand.
“The real challenge lies in the cold, dark, windless days of winter, when the demand for heat, light and energy is highest,” says Underhill. “The current crisis of safe and reliable supply and storage issues without addressing the need to replenish sources is just a warning about what will happen after winter.”
The UK wants to replace much of its dependence on fossil gas with cleaner alternatives, in line with its goal of reducing emissions to net zero by 2050. However, Britain will continue to rely on gas power plants before the government achieves an overhaul of its electricity system. , Produces about 50% of UK electricity. “
Underhill further said: Sufficient home supply, reliable importers, and backups to avoid shutdowns and other unintended consequences such as food supply chains. “
“Rely on luck”: Why does Britain have such limited gas storage? | Gas
Source link “Rely on luck”: Why does Britain have such limited gas storage? | Gas