New plans by the UK government may see electricity rationed for up to six million homes. This will be at peaks in the morning and evening, starting at the beginning of next year.
If tensions escalate and Russia cuts off more supplies to the EU, the government are drawing up a worst-case scenario model that forecasts major gas shortages in winter.
This may see limitations imposed on industrial use of gas such as gas-fired power stations which could lead to electricity shortages. Furthermore, rationing could be seen among six million UK homes, lasting more than a month.
Currently, businesses and homes across the nation are being hit with huge energy price surges. If this is you, it could be time to consider finding a cheaper supplier. You can search to find the cheapest energy deals on the market to see if you can get a better tariff.
With measures in place, the government is planning for all eventualities and scenarios. A spokesperson for the Department of Business, Energy and Industrial Strategy said there are ‘no issues with either gas or electricity supply’.
After a huge renewable energy investment of £90bn over the last decade, the UK has one of the most diverse and reliable energy systems around the world. There is a sharp focus on removing the current reliance on Russian energy imports.
To bring down the long-term costs, the government is exploring all options on the table to boost energy security and domestic supply. This has seen the possible delaying of planned closures of coal-fired power stations in Ratcliffe, Drax and West Burton.
Back up may be needed to provide electricity this coming winter, with a commitment placed on coal power until October 2024. This additional backup could be crucial if tensions continue to rise in Russia and Ukraine.
Renewable projects are increasing in the UK, with a £320million project to create limitless energy being launched recently with the backing of Amazon founder Jeff Bezos.
These projects could support energy companies in the UK, as well as lowering energy bills. The list of benefits is huge, it now just needs the backing of the government to put measures into place.