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UK gas
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Power and gas networks
Crisis behind, challenge ahead: European gas storage levels for 2023
In December 2022, we published our insight paper, Another winter of discontent? What happens to the UK this winter, and next, if the gas taps from Russia stay turned off? discussing concerns for European and UK gas supply during winters 2022-23 and 2023-24, and the key variables that could influence...
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Power and gas networks
Another winter of discontent? What happens to the UK this winter, and next, if the gas taps from Russia stay turned off?
Substantial reductions in Russian gas supply to Europe and increased global competition for LNG cargoes have resulted in substantially elevated gas prices for the UK this winter (2022-23) compared to the historical norm. Our forecasts indicate that this could not be a single winter problem, with tight supply and high...
