Turning up the gas : Imports will keep UK’s power plants running

The Guardian

Turning up the gas
Imports will keep UK’s power plants running

Terry Macalister, Mark Milner and Gwladys Fouche in Oslo
Friday April 1, 2005 The Guardian

National Grid Transco (NGT) yesterday took steps to strengthen Britain’s fragile energy supply situation by unveiling plans to spend £355m in tripling the capacity of the country’s first new liquefied natural gas (LNG) terminal.
The investment comes as Britain turns from gas exporter to importer and only days before energy minister Mike O’Brien signs a treaty with Norway to bring in gas from Scandinavia.
Trial shipments of LNG are due to be delivered in special vessels within weeks from Algeria to a newly-built NGT storage plant on the Isle of Grain in Kent.
The power network operator believes demand for LNG will increase much more than it expected and this has encouraged it to increase capacity at the Kent site from its current level of 3.3m tonnes a year to 9.8m by 2008.
…
LNG is seen as a crucial part of Britain’s efforts to bridge the gap between rising demand for gas and falling supply from the North Sea which has already led to serious domestic price increases.

More at The Guardian

GD comments:
Another high priced quick fix. How long will we see the benefits of this? 5, 10 years (if that is feasible)?
This money would be better spent preparing for a post peak society.