Britain may face winter with low gas stocks
23rd June 2016 | Commercial Energy
There is a strong possibility that Britain could head into winter with record low inventories of gas, as the 42 day shut-down of Britain’s largest gas storage facility. Britain depends on stored reserves to manage winter demand spikes while domestic stockpiles also help ensure the security of energy supplies. Reserves are typically replenished during summer months when demand and prices are low.
Less gas in storage means the risk of not being able to meet peak demand in winter using UK storage increases and exposure to a cold winter also increases significantly.
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