Gas Despite Europe’s ongoing storage and supply issues over the past few months, UK gas storage has now reached average levels for this time of year after facing significant reduction for many months. Nevertheless, prices remain high, supported by poor supplies into Europe of both piped gas and LNG....
An annual economic report published by Oil and Gas UK (OGUK) stated that in January-March 2021, 56% of the UK’s gas supply to homes and power stations was imported. With various economic and global factors impacting supply and storage, the UK relied on imported fuel to fulfil its rising...
OFGEM has launched a new £450 million “Strategic Innovation Fund” to support greener innovation to heat homes and businesses, store energy, or transport goods and people across Britain. As part of the regulator’s support to reach the UK’s net-zero target by 2050 and lower energy bills for consumers, the...
Processing...
Thank you!Your subscription has been confirmed.You'll hear from us soon.
