According to today’s Guardian:

“The National Grid, responsible for running Britain’s gas and electricity pipes and wires, yesterday issued an unprecedented warning that the country was in danger of not having enough gas to meet demand.

It issued its first-ever “gas balancing alert” to the market, telling traders that gas demand might have to be reduced, initially for businesses. The move sent wholesale prices spiralling up fourfold.”

The severe and late winter weather in Britain has played a large part in this crisis.  Strange how last year’s predictions of a harsh winter this season seem to have been ignored by the energy suppliers and by the markets.

This entry was posted on March 14th, 2006 at 10:57 (GMT) and is filed under Events, UK Energy Policy . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.