National Gas appoints first Chief Operating Officer

Matt Steele has joined National Gas as the company’s first Chief Operating Officer, bringing extensive experience in energy, rail and infrastructure sectors

National Gas’ Summer Outlook 2024: Stable supply, reduced exports

National Gas Transmission’s Summer Outlook report predicts steady gas demand but decreased exports to Europe due to higher EU storage levels, with measures in place to manage supply resilience

European gas stocks drive down power prices

Cornwall Insight’s projections indicate a sustained drop in power prices until the end of the decade, attributed to high gas stocks in Europe and a mild winter, offering potential relief to consumers

UK warned of potential £450bn loss due to energy policy uncertainty

The latest report from Offshore Energies UK cautions that unstable energy policies and tax regimes could result in the UK missing out on a potential £450 billion growth in the domestic offshore energy market by 2040

National Gas launches ‘UK’s first’ real time gas monitoring app

The app includes interactive maps and charts that update every few minutes, offering users detailed insights into domestic gas production and consumption across different sectors

Ofgem investigates SGN’s competition practices

The energy regulator is investigating whether SGN violated competition laws

New UK gas power station construction tied to nuclear investment shortfall

The Nuclear Industry Association cautions that not investing enough in nuclear power will lead to more gas stations being built, emphasizing the need for urgent action on nuclear projects to cut down on expensive gas reliance

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

Top adviser urges government speed on energy overhaul

The National Infrastructure Commission’s Chair has urged the government to expedite measures facilitating private investment in decarbonising the electricity sector

‘Hydrogen approval delay could add £600m to UK energy bills’

National Gas has warned consumers could see a £600 million yearly rise in energy bills without prompt approval for blending hydrogen into domestic gas supplies