Natural Gas: Storage

Department for Business, Energy and Industrial Strategy written question – answered on 10th July 2017.

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Photo of Gareth Snell Gareth Snell Labour/Co-operative, Stoke-on-Trent Central

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the merits of seasonal gas storage facilities in obtaining greater price stability for energy-intensive users of gas.

Photo of Richard Harrington Richard Harrington Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

A report published in 2013 by Redpoint, commissioned by DECC, looked at the merits of various interventions in the gas market, including new gas storage facilities. This report can be found at:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/236757/DECC_FI_Final_report_09072013.pdf

I refer the Hon Member to my answer to his previous question 1604 which notes that the UK continues to enjoy highly diverse and flexible gas supplies.

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