Gas role in electricity market could save the UK £700bn

Using gas as a part of the energy mix in the UK could save £700billion, claims the Energy Networks Association. The claim comes as the Government releases its Electricity Market […]

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By Vicky Ellis

Using gas as a part of the energy mix in the UK could save £700billion, claims the Energy Networks Association. The claim comes as the Government releases its Electricity Market Reform White Paper, which outlines changes to the energy market to shift it towards low carbon. The ENA believes that gas has a crucial part to play as a lower carbon fuel.

David Smith, Chief Executive the ENA said: “According to a Redpoint report commissioned by ENA with gas as a central part of the future energy mix there could be savings of up to £700bn between 2010 and 2050 – around £20,000 per household or £10,000 per person – relative to scenarios where gas is phased out of the energy mix by 2050.”

ENA represents the transmission and distribution network operators for gas and electricity across the UK.