Thread: The energy crisis
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Old 24-09-2021, 09:27   #36
1andrew1
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Re: Avro and Green Cease Trading
Quote:
Business leaders and MPs have slammed the Government for allowing Britain to effectively shut down the gas storage needed to cope with an energy crisis.

The UK has minuscule levels of storage compared with other nations in Europe, which means families and businesses are more reliant than ever on imports.

Reports suggest the UK has just seven days' worth of gas storage compared with the 90 days of supply held by France and Germany.

Storage is equivalent to just 2 per cent of annual demand here versus an average of 25 per cent in Europe.

The lack of storage is largely because ministers allowed the owner of British Gas, Centrica, to shut down a huge facility in the North Sea responsible for 70 per cent of UK gas storage in 2017.
https://www.msn.com/en-gb/money/othe...cid=entnewsntp
Last edited by 1andrew1; 24-09-2021 at 09:40.
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