Unseasonably high gas storage levels in north-western Europe will see the UK's annual imports of LNG weaken in 2023. The newfound position of the US as the largest source of LNG imports into the UK will be further entrenched by the recent signing of a long-term LNG supply deal. The UK...
Many European nations have been engaged in a rush to source winter gas supplies via alternative means since the start of the Russia-Ukraine conflict, with volumes in gas storage reservoirs running well below historical levels. Trade deficit driven by fuel increases The move also comes at a time ...
But it was UK spot prices that soared most, briefly topping $22/MMBtu — levels not seen since March 2006. An eight-hour unscheduled disruption to flows through the Interconnector UK (IUK) pipeline from Belgium on Mar. 22, coinciding with a drop in UK gas storage to only about 10%-...
The war also disrupted global food markets, as both Russia and Ukraine are major exporters of cereal crops. As a result of these factors, inflation surged across Europe and in other parts of the world, but typically declined in 2023, and approached more usual levels by 2024. Read more ...
ITM (AIM: ITM), the energy storage and clean fuel company, is pleased to note the announcement by HyDeploy that the UK’s first pilot project to inject zero carbon hydrogen into a gas network to heat homes and businesses is now fully operational.
Unlike key countries in the European Union, Britain lacks winter storage capacities. Its facilities are able to hold fewer than eight days of peak demand during freezing weather, compared with 89 days in Germany. So the UK often exports spare gas to the EU in summer and imports the fuel d...
Cold storage and Liquid and gas storage are part of the Warehousing & Storage in the UK industry. Which companies have the highest market share in the Warehousing & Storage in the UK in United Kingdom? The company holding the most market share in United Kingdom is Amazon UK Services Ltd....
The race towards a clean power mix In 2010, gas and coal accounted for roughly 75 percent of theUK's power mix. Since then, alongside the EU Renewables Directive, the UK agreed and created its own National Renewable Energy Plan, to increase the use of renewable sources and decreaseits foss...
SpaceMax™: Extra storage capacity thanks to thinner walls Twin Cooling Plus™: Optimal humidity levels to help keep food as fresh as can be Smart Conversion™: Convert your freezer into a fridge at the touch of a button Total price:£899.00 ...
UK economy UK businesses cut jobs at fastest pace since 2009 bar the pandemic S&P’s results add to gloom about economy as employment levels fall ‘A difficult position’: global investors’ verdict on Reeves at Davos UK chancellor used meetings at Swiss gathering to try and repair relations wi...