This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-43229297
The article has changed 9 times. There is an RSS feed of changes available.
| Version 1 | Version 2 |
|---|---|
| Gas supply fears as cold snap continues | Gas supply fears as cold snap continues |
| (35 minutes later) | |
| National Grid has warned it may not have enough gas to meet UK demand on Thursday and has asked suppliers to provide more. | National Grid has warned it may not have enough gas to meet UK demand on Thursday and has asked suppliers to provide more. |
| In the event that there is still a deficit, large gas users such as industry and large businesses will be asked to use less gas. | In the event that there is still a deficit, large gas users such as industry and large businesses will be asked to use less gas. |
| Consumers will only be asked to use less gas as a last resort if these measures do not work. | Consumers will only be asked to use less gas as a last resort if these measures do not work. |
| Demand for gas on Wednesday hit a six-year high as cold weather swept the UK. | Demand for gas on Wednesday hit a six-year high as cold weather swept the UK. |
| "This warning has been issued in response to a series of significant supply losses resulting in a forecast end of day supply deficit," the National Grid posted on an energy data site. | "This warning has been issued in response to a series of significant supply losses resulting in a forecast end of day supply deficit," the National Grid posted on an energy data site. |
| Some pipelines carrying gas from the Netherlands and Belgium have had problems this week. | |
| Energy analyst Peter Atherton said that the supply loss was "potentially quite significant". | |
| If suppliers are not able to meet demand, "they will ask certain people to stop using gas", he said. | If suppliers are not able to meet demand, "they will ask certain people to stop using gas", he said. |
| First in line would be gas-fired power stations, then large industrial and business users. | First in line would be gas-fired power stations, then large industrial and business users. |
| "The last to get cut off is the domestic consumer," he said. | "The last to get cut off is the domestic consumer," he said. |
| There was a large spike in trading prices for gas bought on the day on Wednesday, but prices for gas bought a month ahead declined slightly. | |
| Large energy suppliers mostly buy a month ahead so they can work out pricing for consumers and cut risks to their business. | |
| However, they also buy a day ahead, as do large energy users, and smaller energy suppliers. |