Major update shared on UK gas levels amid concerns over 'concerningly low' stocks

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Major update shared on UK gas levels amid concerns over 'concerningly low' stocks
Author: mirrornews@mirror.co.uk (Alex Daniel PA Business Reporter, Lawrence Matheson)
Published: Jan, 13 2025 09:12

Britain's gas supplies are secure, the network operator has assured, despite warnings that storage levels are at "concerningly low" levels. National Gas announced on Friday that the supply situation is "healthy" and the UK is "well-placed" to meet this winter's demands. The company highlighted that gas reserves at the UK’s storage facilities are more than half full.

This statement comes in the wake of Centrica's claim that UK gas supplies have dwindled to "concerningly low" levels, with less than a week's worth of demand in reserve. According to Centrica, stocks are 26% lower than at this time last year, leaving them around half full. A spokesperson for National Gas commented: "The overall picture across Great Britain’s eight main gas storage sites remains healthy.

"Britain obtains its gas from a diverse range of sources beyond that already in storage, meaning we are well placed to respond to demand this winter.". The recent cold snap and the cessation of Russian gas pipeline deliveries through Ukraine at the end of last month have put pressure on gas inventory levels.

Data from National Grid showed that natural gas generated 53% of the UK's power on Friday, while renewables contributed just 16% to the nation's energy mix. Compared to other major European nations, the UK has one of the smallest gas storage capacities, enough for 12 average days or 7.5 peak winter days.

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