Centrica consults on Rough storage capacity

Centrica has launched a market consultation on reducing the minimum capacity at its Rough storage facility for 2017/18. Its aim is to ensure the firm is not required to sell more storage […]

Centrica has launched a market consultation on reducing the minimum capacity at its Rough storage facility for 2017/18.

Its aim is to ensure the firm is not required to sell more storage services than Rough can physically deliver.

The consultation follows an application the firm sent to Ofgem to reduce the minimum capacity and additional space of the storage facility.

The document sets out a range of projections for Rough’s physical capabilities in 2017/18, based on the availability of its wells for injection and withdrawal of gas.

They also include one scenario where there are no wells available for injection and withdrawal.

Market participants can submit their views until the 27th of January.

According to npower’s Optimisation Desk, if the application is successful, it could make the UK “more reliant on the new European gas storage sites importing through the interconnectors”.

Latest Podcast