The UK will be able to meet its energy demand this winter even if supplies of gas and electricity from the EU are disrupted in the event of a no-deal Brexit, according to the National Grid ESO’s latest outlook report.
However, regular supplies of liquified natural gas (LNG) will be needed in the unlikely event that interconnectors don’t supply electricity once the UK leaves the union.
“We anticipate no additional adequacy or operability challenges for the coming winter as a result of the UK’s planned exit from the EU,” the report.
The Winter Outlook document expects a surplus electricity margin of 7.8GW during the coming winter, 700MW more than last winter.
Around 23.5% of gas demand is forecast to come from gas-fired power stations.
LNG prices are currently low due to high production in Russia and the United States. But if Asia experiences a cold winter then high demand from big importers such as China, Japan and South Korea is expected to push up prices.