UK Rules Out Winter Energy Shortages as Gas Prices Soar

There is no risk of power or gas outages during this winter in the UK, as there will be sufficient generation and gas supply, the National Energy System Operator has said in its early winter outlook. In fact, NESO said it expected surplus electricity output at 5.5 GW for the period between October 31 and March 31 next year, “with an 8.8% buffer over expected peak demand.” Things may yet change, however, the grid operator also said, noting factors to watch such as electricity generation in continental Europe, gas market developments,…