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Old 11-08-2022, 16:20   #895
Hugh
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Re: The energy crisis

https://threadreaderapp.com/thread/1...728988673.html

Quote:
In 2015 the National Grid commissioned a study into potential effects of Brexit on Energy supply in the UK.

It was published in March 2016.

It formed the basis of their submission to the Energy and Climate Change Committee Inquiry: Leaving the EU: implications for UK energy policy.

IT says if we leave the IEM (Internal Energy Market) we get a bunch of problems to do with decreased market coupling / trading / investment an higher costs / lower energy security.

But on the bright side, it says the risks [of running out of] gas are minimal... because the UK has excess storage capacity.

They wrote this in 2015.



Then in 2017 the Tory Government allowed Centrica to close down 70% of the UK's gas storage capacity.
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