UK gas industry welcomes electricity market review

The Chief Executive Officer of National Gas has emphasised the role of gas in transitioning to net zero

Kistos to acquire EDF Energy’s gas storage arm for £25m

The acquisition encompasses two gas storage facilities, Hill Top Farm and Hole House Farm, situated near Warmingham in Cheshire, UK

Gazprom sets daily record for gas supplies to China

The Russian energy giant, announced reaching a new daily peak in gas deliveries to China, exceeding contractual obligations with a total of 22.7 billion cubic metres in 2023

“Record gas storage positions EU well for winter and beyond”

Moody’s analysis indicates that the EU’s record high gas storage, reaching around 97.5% by the end of November, positions it well for the upcoming winter with minimal energy shortage risks

National Gas mulls paying households to reduce heating

National Gas is reportedly considering offering payments to households in exchange for reducing heating usage to mitigate potential gas shortages

EU surpasses 90% gas storage target ahead of winter

The recently revealed data indicates that European gas storage levels have reached 90.12% of capacity, corresponding to more than 93 billion cubic metres of natural gas

UK energy bill fears: Will energy shortages lead to soaring prices?

Experts will issue a warning that the approaching winter could bring even greater difficulties, surpassing the challenges experienced in previous winters

Centrica to double Rough storage capacity

With the increased capacity, Rough will be capable of storing up to 54 billion cubic feet of gas

Podcast: Europe’s gas storage to near full capacity this summer, boosted by US LNG imports

In this week’s Resonance energy market podcast episode, Jeremy Nicholson talks to Alfa Energy’s Dan Veasey to discuss the market implications of Europe reaching full storage capacity by the end of summer, as well as the potential impact of unexpectedly mild weather

Ofgem extends exemption for Centrica’s Rough storage facility

Extending the exemption from negotiated third-party access is expected to allow Centrica to make investment decisions