Interconnector

(asked on 6th October 2017) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the effect of the closure of Interconnector UK on the security of UK gas supplies, market volatility and consumer household gas prices.


This question was answered on 12th October 2017

The UK benefits from a strong, liquid market which has delivered a system built on supply diversity. It would not be appropriate to comment on a specific company which remains open and operational. However, we have assessed the system’s resilience if we were to lose one or more major pieces of infrastructure. We will publish our detailed analysis shortly. In summary, our assessment is that UK gas supply would be resilient to multiple infrastructure losses. We enjoy diverse and competitive supplies of gas which have always historically responded very effectively to the loss of major infrastructure minimising any consumer price effects.

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