Second winter of gas shortages looms

Britain could face a second winter of serious gas shortages if the launch of new import projects is delayed, Ofgem the energy regulator, warned yesterday. This could see big industrial users facing cuts in their power in order to balance supply and demand. Ofgem highlighted a growing problem for the UK, which became a net energy importer two years ago, at least during winter when demand is highest.

Britain is caught in a supply/demand squeeze. Demand has risen by two-thirds since 1992 and is forecast to rise by another 14% by 2011. But supply from the North Sea is falling, by around 7% to 8% a year, according to the UK Offshore Operators Association.

guardian