Monday, May 30, 2022

Blackout..

 

[By Irina Slav for Oilprice.com]

As many as six million British households could face blackouts this winter in case of a gas shortage, per a Sky News report citing government modeling of energy fundamentals next heating season.

The blackouts fall under a worst-case scenario with gas supply shortages, which would also involve limits being placed on industrial gas consumption, the report noted. The blackouts would be the result of gas supply rationing to gas-fired power plants.

The cost of living crisis "is going to get truly horrific" in October, when the twice-yearly-adjusted price cap is set to spike again, Keith Anderson, chief executive at one of the largest providers, ScottishPower, told a Parliament committee last month.  

"Thanks to a massive £90bn investment in renewable energy in the last decade, we have one of the most reliable and diverse energy systems in the world, and unlike Europe, we are not dependent on Russian energy imports," the spokesperson also said. But then a major problem here. Just a thought.  

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