UK consults on boosting security of supply

The UK has launched a consultation to find new ways to maintain and improve the country’s security of supply. The Department for Business, Energy and Industrial Strategy (BEIS) is looking […]

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By Jonny Bairstow

The UK has launched a consultation to find new ways to maintain and improve the country’s security of supply.

The Department for Business, Energy and Industrial Strategy (BEIS) is looking for measures that would apply to companies operating in the downstream oil sector and protect the country’s critical energy infrastructure and systems.

The ideas to help improve fuel supply resilience would begin with monitoring the sector to better understand the impact of potential disruptive events.

Once threats to security of supply have been identified, measures for protection will need to be implemented.

The government aims to find ways to introduce safeguards from other critical service sectors, ensure owners of critical fuel infrastructure are financially and operationally sound and increase spending power on supporting supply resilience schemes.

It also wants to see the energy industry create and operate collaborative, industry-led initiatives to maintain the availability of fuel in case normal supply arrangements are seriously disrupted.

The consultation closes at 1