Energy in Europe – either too much or too little

…Meanwhile, there are also clear signs of problems on the European gas market. In recent weeks, for example, gas prices in the United Kingdom have taken a massive leap upwards. The official British ‘watchdog’ for energy consumers, Ofgem, has already sounded the alarm in Brussels and wants the European Commission to investigate why the gas pipeline between Belgium and the UK is only working at 60 percent of its potential capacity.

Ofgem spokesman Mark Wiltsher explains that the British gas fields in the North Sea are becoming exhausted more rapidly than was originally forecast, and hence the country now needs to import gas from the European mainland. However, most of the pipelines needed for the suppliers are still under construction.

Radio Netherlands