According to the Guardian newspaper, the UK is exporting gas at a lower price than it is importing the fuel. In the period between December 2011 and October 2012, gas was being exported to continental Europe when it would have carried a higher price in the UK, at the same time as the UK exported 15 times more gas through the gas interconnector running between the UK and Belgium than it imported.
read more... 08/02/2013
Britain could become a net exporter of energy within 8 years due to increasing renewable energy production and the construction of new interconnectors that will contribute to provide more power to its neighbors.
read more... 27/09/2012
The first electricity link between Ireland and UK has been officially opened and the deal between the two nations will become effective at the start of next month, enabling thus the UK to benefit from Ireland’s wind resources.
read more... 27/09/2012
After the gas dispute between Ukraine and Russia last year which has left Bulgaria without gas for three weeks in the winter period, the European Council decided that every member state should have at least two sources of gas and electricity by 2014, in order to avoid repeating the Russian-Ukrainian gas crisis.
read more... 13/09/2012
UK’s National Grid signed a deal with Norwegian group Statnett to develop the world’s longest subsea power cable (700 km), called the North Sea Network by 2020.
read more... 26/06/2012