Regulators warn of 'significant risk' of gas shortages this winter in Britain
According to energy regulator Ofgem, gas supply to UK households and businesses could be in jeopardy during the coldest months, with properties possibly being ordered to restrict when they consume energy.
By ET Spotlight Special |
Agencies
The memo warned that the Russian attack on Ukraine could result in a "gas supply situation."
Gas prices in Europe have already been impacted by this battle, which has raised the cost of energy. A "gas supply emergency" occurs when energy companies cannot meet the resource demand. Companies can be asked to stop using gas temporarily to protect consumer gas supply.
The last time the UK saw significant organized blackouts was with electricity in the 1970s when firms began to control energy use, and homes received newspaper notices of impending power outages.
Nord Stream gas leaks: What’s happening?
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The Nord Stream 1 and 2 pipelines, connecting Russia and Germany, saw unexplained gas leaks earlier this week.
The Nord Stream 1 and 2 pipelines, connecting Russia and Germany, saw unexplained gas leaks earlier this week.
Both Denmark and Germany have raised concerns that the leaks are the result of a sabotage attempt, leading to investigations being launched.
Both Denmark and Germany have raised concerns that the leaks are the result of a sabotage attempt, leading to investigations being launched.
Denmark's armed forces released a video showing bubbles rushing to the surface of the Baltic Sea above the pipelines, and said the largest gas leak had caused surface disturbance of well over 1 kilometre in diamete
Denmark's armed forces released a video showing bubbles rushing to the surface of the Baltic Sea above the pipelines, and said the largest gas leak had caused surface disturbance of well over 1 kilom..
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The operator of the Nord Stream 2 gas pipeline reported a sudden drop in pressure overnight on Monday, followed by the Danish authorities spotting a leak around pipelines lying in Danish waters.
The operator of the Nord Stream 2 gas pipeline reported a sudden drop in pressure overnight on Monday, followed by the Danish authorities spotting a leak around pipelines lying in Danish waters.
Made up of 100,000 24-tonne concrete-weight coated steel pipes laid on the seabed, the Nord Stream pipelines are placed at a depth of 80-110 metres.
Made up of 100,000 24-tonne concrete-weight coated steel pipes laid on the seabed, the Nord Stream pipelines are placed at a depth of 80-110 metres.
Analysts and experts say such leaks are very rare and Nord Stream AG has called leaks on three strings of the offshore gas pipelines "unprecedented," according to Reuters.
Analysts and experts say such leaks are very rare and Nord Stream AG has called leaks on three strings of the offshore gas pipelines "unprecedented," according to Reuters.
Possible causes range from technical malfunctions, a lack of maintenance or even possibly sabotage.
Possible causes range from technical malfunctions, a lack of maintenance or even possibly sabotage.
Russia said it did not rule out sabotage as a reason behind the damage, adding it was an issue affecting the energy security of the "entire continent," while Poland backed up the stance and Denmark said it can’t be discounted.
Russia said it did not rule out sabotage as a reason behind the damage, adding it was an issue affecting the energy security of the "entire continent," while Poland backed up the stance and Denmark s..
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Gas leaking from the damaged pipelines could ignite over the water, as well as causing vessels to lose buoyancy. The largest leak has caused surface disturbances of well over 1 kilometre in diameter.
Gas leaking from the damaged pipelines could ignite over the water, as well as causing vessels to lose buoyancy. The largest leak has caused surface disturbances of well over 1 kilometre in diameter.
Taking necessary regulatory actions to minimize the risks, Ofgem stated that it expected this winter to be more challenging than the previous year.
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The report comes as energy experts warn that this winter's gas supplies in Europe face historical threats.
According to the International Energy Agency (IEA), if Russian gas supplies are entirely shut off, European nations would need to reduce their gas use by 13% throughout the winter.
Due to the ongoing conflict between Russia and Ukraine, most of Russia's gas pipelines to Europe have already been shut down.
Frequently Asked Questions
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What measures can be taken to conserve energy? Households might be asked to lower their thermostat and heater settings, and businesses would also need to conserve energy.
Has there been an increase in household energy costs? Since the £2,500 Energy Price Guarantee went into effect on October 1, millions of households have seen an increase in energy costs.