Natural Gas: Storage

Energy and Climate Change written question – answered on 11th June 2014.

Alert me about debates like this

Photo of Dan Byles Dan Byles Conservative, North Warwickshire

To ask the Secretary of State for Energy and Climate Change what steps he is taking to reassess the need for additional gas storage capacity in the UK; and if he will make a statement.

Photo of Michael Fallon Michael Fallon The Minister of State, Department for Business, Innovation and Skills , Minister of State, Department of Energy and Climate Change, Minister of State for Portsmouth

We published on 3 September 2013 an independent assessment about the need to intervene in the gas storage market. With reference to my answer to written question 198546, we decided against intervention on the basis of the cost-benefit analysis undertaken by Redpoint Energy.

The factors which underpinned this decision have not changed. I have no plans to reassess the need for additional gas storage capacity within the UK.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.