The UK's Energy Supply: Security or Independence?
HC 1065, Eighth Report of Session 2010-12 - Volume I: Report, Together with Formal Minutes, Oral and Written Evidence
- House of Commons - Energy and Climate Change Committee
- TSO (The Stationery Office)
'The UK's Energy Supply: Security or Independence? (HC 1065)' reports the Energy and Climate Change Committee's belief that the Government must start thinking strategically about energy security to protect the UK's energy supply against short-term shocks and rising global energy prices.
Gas storage capacity needs to be increased in the UK to minimise the potential damage from supply interruptions or price spikes, this report argues. It reveals that the UK's current storage capacity amounts to only 14 days worth of gas supply - a dangerously low level compared with France which has 87 days worth of gas storage, Germany 69 and Italy 59.
19 gigawatts (GW) of ageing electricity plant will close by 2018 and the UK will become increasingly reliant on energy imports as North Sea oil and gas reserves decline.
The report concludes that new electricity generation currently being built or planned will fill this "gap". But it urges the Government to ensure security of supply by delivering on its energy efficiency targets, rolling out smart meters - that can balance demand - and maintaining a diverse energy mix.
|Format||Paperback||Published||25 Oct 2011|
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