National Grid warns of three-year energy crisis as emergency effort launched to cut factory power use
2 years, 6 months ago

National Grid warns of three-year energy crisis as emergency effort launched to cut factory power use

The Telegraph  

Industry chiefs are preparing for the energy crisis to last for another three years as National Grid draws up emergency plans to reduce power demand from factories across Britain. Large industrial companies would be paid to cut gas usage every winter until 2025 as National Grid attempts to avoid uncontrolled blackouts that would cause "a major economic and societal impact". National Grid's draft proposals recommend making payments of up to £5m this winter for factories that cut production if the gas crisis escalates because of the war in Ukraine. In a draft report circulated this week, National Grid said: "The gas supply picture is different for this winter, given the current uncertainty about whether sufficient Russian gas will be available to supply continental Europe, which may have consequences for Great Britain's ability to attract gas if needed via the interconnectors at high demand conditions.

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