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-title Gas Supply Security Assessment: Risks and Mitigation Strategies

by Priya Shah – Business Editor

Summary of the Gas Security of Supply Assessment ​(2030s)

This document details ⁣an assessment of Great Britain’s (GB) gas supply ⁤security through the 2030s. Here’s​ a breakdown ‍of the key findings:

Key Findings:

* Diverse Supply ‍Sources: GB is ⁢expected to maintain a‍ diverse range of gas supply ⁤sources including UK ⁣Continental ‌Shelf (UKCS) production, Norwegian imports, Liquefied Natural Gas (LNG), pipeline ‌imports from Europe, gas storage, and biomethane.
* Sufficient Supply Under ​Normal Conditions: Gas supply is projected to meet​ demand under typical seasonal⁣ weather conditions.
* Emerging ‍Risks with Peak Demand: ‌ ‌ An emerging risk to gas supply security is ​identified ⁢when⁢ testing against extreme ‍(1-in-20-year) peak demand scenarios, especially if ​decarbonisation efforts are slow, leading to continued high gas demand.
* Infrastructure Vulnerability: ​The loss of ⁢the ​single largest piece of gas infrastructure (the⁤ “N-1 test”) would result in supply falling short of demand in ​2030/31, and in 2035/36⁣ if ⁢decarbonisation is slow.
* Decarbonisation‌ is Key: The speed ⁤of decarbonisation significantly impacts gas⁣ supply security.Slower decarbonisation means higher demand​ and greater risk.

Mitigation Strategies:

The assessment identifies ‍a combination‌ of ‌measures ​to address these risks:

* Reduce Peak‍ Demand: Through decarbonisation efforts.
* maximize Existing Supply: Optimizing output ⁢from⁤ current infrastructure.
*⁢ Develop New⁣ Supply Infrastructure: Investing in new sources and capacity.

Collaboration is Crucial:

Effective mitigation requires coordinated effort between NESO, government, Ofgem, and National Gas.

Statements from Key figures:

* dr. ⁢Deborah Petterson (NESO): Highlights⁢ the diverse supply, sufficient supply ⁣under ‌normal conditions, and the identified risks related‌ to slow‍ decarbonisation and infrastructure failure. Emphasizes the importance of early risk identification and mitigation.
* Glenn Bryn-Jacobsen (National Gas): Welcomes the ⁤assessment and acknowledges the potential long-term challenges. Reinforces ⁢the critical role of gas in‍ Britain’s energy security and the need for investment ⁣in both‍ supply and ⁢network infrastructure.

In ⁤essence,the‍ report paints ⁤a picture⁣ of a generally secure gas supply in ⁣the 2030s,but ‌warns‌ of potential vulnerabilities that require proactive mitigation,with decarbonisation‌ being ⁣a central component ‌of that strategy.

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