Saturday, 26 November 2011

At Last - A Serious Comment

I missed the announcement but apparently earlier this month Chris Huhne asked Ofgem to investigate whether medium- to long-term UK gas supplies are robust enough to avoid wholesale market spikes. The key concern is the likely increase in demand for gas to fuel electricity generation as the LCPD forces coal plant off the grid and further nuclear closures occur. This is an issue that has been swirling around the industry for years so it is, in a way, gratifying to see it finally surface in a (slightly) more open fashion.

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