E.ON Says U.K. Winter Energy Supply Is `Challenging’

E.ON AG, the world’s largest utility, said the coming winter will be “challenging” for energy supply in the U.K. as North Sea reserves dwindle, raising the need to import more gas.

Dusseldorf, Germany-based E.ON, whose Powergen Plc unit supplies natural gas in the U.K., wants to build a new underground gas-storage facility in East Yorkshire amid an “urgent” need for capacity to store the fuel in Britain, Europe’s biggest gas consumer, the company said today in an e- mailed statement.
Bloomberg