Britain's gas storage levels 'concerningly low' after cold snap

Britain's gas storage levels 'concerningly low' after cold snap

From news.sky.com

Britain's gas storage levels are "concerningly low" with less than a week of demand available, the operator of the country's largest gas storage site has warned. Plunging temperatures and high demand for gas-fired power are the main factors behind the low levels, Centrica said, adding that the need to replenish stocks could lead to rising prices ahead. The UK is heavily reliant on gas for its home heating and also uses a significant amount for electricity generation. National Grid data on Friday showed that natural gas accounted for 53% of power in the UK's system, with renewables offering just 16% of the country's ... (full story)

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