Britain to have sufficient energy supplies this winter, grid operators say
By Susanna Twidale
LONDON, Oct 8 (Reuters) -Britain's electricity and gas grid operators expect sufficient supplies this winter, with more power imports and domestic generation available than last year and high gas storage levels in Europe, they said on Tuesday.
Britain's National Energy System Operator (NESO) and National Gas publish annual reports about the supply and demand picture for the coming winter to help business and government prepare.
"It is positive to see that (electricity) margins forecast for this winter are the highest since 2019/20," said Craig Dyke, director of system operations at NESO.
NESO said its base case for de-rated margin, which is a measure of the amount of excess capacity expected above peak electricity demand, is currently 5.2 gigawatts (GW) for winter 2024/25, or 8.8% the peak average cold spell demand, up from 4.4 GW, or 7.4% last winter.
The improved margin comes despite the closure of Britain's last coal plant last month.
More interconnection with Europe, after the opening of a 1.4 GW power link between Britain and Denmark at the end of 2023, more generation and battery capacity had led to the increase, NESO said.
Wholesale energy costs have stabilised since Russia's invasion of Ukraine sparked record high prices in 2022 but NESO warned there is a still a risk geopolitical events could impact the market.
"While the overall energy system is showing greater resilience, disruptions in global energy markets remain a possibility," the report said.
NESO expects peak electricity demand at 44.4 GW this winter, similar to the 44.9 GW peak seen last winter.
GAS SUPPLY
Britain uses gas for around a third of its electricity production while around 75% of the country's homes are also heated by the fuel.
Sufficient gas supplies expected with solid supply from Norway, imports of Liquefied Natural Gas and Europe's gas storage sites almost full, National Gas said in its winter outlook.
With escalating tensions in the Middle East however, it is also monitoring global events.
"Factors beyond our control such as the weather, global market developments, and the wholesale cost of gas will all influence the gas supply and demand situation in GB," Ian Radley, National Gas System Operator Director said.
Demand from homes is expected to be higher than last year due to slightly lower energy prices while demand from power plants is expected to dip as increased renewable generation comes online.
Peak day gas demand this winter is expected at 474 million cubic metres (mcm)/day versus a peak supply capacity of 601 mcm/d, National Gas said.
Britain to become first G7 country to end coal power as last plant closes https://www.reuters.com/sustainability/climate-energy/britain-become-first-g7-country-end-coal-power-last-plant-closes-2024-09-29/
Reporting By Susanna Twidale; editing by David Evans
Pinakabagong Balita
Disclaimer: Ang mga kabilang sa XM Group ay nagbibigay lang ng serbisyo sa pagpapatupad at pag-access sa aming Online Trading Facility, kung saan pinapahintulutan nito ang pagtingin at/o paggamit sa nilalaman na makikita sa website o sa pamamagitan nito, at walang layuning palitan o palawigin ito, at hindi din ito papalitan o papalawigin. Ang naturang pag-access at paggamit ay palaging alinsunod sa: (i) Mga Tuntunin at Kundisyon; (ii) Mga Babala sa Risk; at (iii) Kabuuang Disclaimer. Kaya naman ang naturang nilalaman ay ituturing na pangkalahatang impormasyon lamang. Mangyaring isaalang-alang na ang mga nilalaman ng aming Online Trading Facility ay hindi paglikom, o alok, para magsagawa ng anumang transaksyon sa mga pinansyal na market. Ang pag-trade sa alinmang pinansyal na market ay nagtataglay ng mataas na lebel ng risk sa iyong kapital.
Lahat ng materyales na nakalathala sa aming Online Trading Facility ay nakalaan para sa layuning edukasyonal/pang-impormasyon lamang at hindi naglalaman – at hindi dapat ituring bilang naglalaman – ng payo at rekomendasyon na pangpinansyal, tungkol sa buwis sa pag-i-invest, o pang-trade, o tala ng aming presyo sa pag-trade, o alok para sa, o paglikom ng, transaksyon sa alinmang pinansyal na instrument o hindi ginustong pinansyal na promosyon.
Sa anumang nilalaman na galing sa ikatlong partido, pati na ang mga nilalaman na inihanda ng XM, ang mga naturang opinyon, balita, pananaliksik, pag-analisa, presyo, ibang impormasyon o link sa ibang mga site na makikita sa website na ito ay ibibigay tulad ng nandoon, bilang pangkalahatang komentaryo sa market at hindi ito nagtataglay ng payo sa pag-i-invest. Kung ang alinmang nilalaman nito ay itinuring bilang pananaliksik sa pag-i-invest, kailangan mong isaalang-alang at tanggapin na hindi ito inilaan at inihanda alinsunod sa mga legal na pangangailangan na idinisenyo para maisulong ang pagsasarili ng pananaliksik sa pag-i-invest, at dahil dito ituturing ito na komunikasyon sa marketing sa ilalim ng mga kaugnay na batas at regulasyon. Mangyaring siguruhin na nabasa at naintindihan mo ang aming Notipikasyon sa Hindi Independyenteng Pananaliksik sa Pag-i-invest at Babala sa Risk na may kinalaman sa impormasyong nakalagay sa itaas, na maa-access dito.
