Natural Gas

Department for Business, Energy and Industrial Strategy written question – answered at on 13 November 2017.

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Photo of Baroness Featherstone Baroness Featherstone Liberal Democrat Lords Spokesperson (Energy and Climate Change)

To ask Her Majesty's Government what is their estimate of the number of asset closures the UK gas market could withstand without affecting energy prices or security of supply.

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

The UK consistently has one of the largest and most liquid gas markets in Europe with extensive import infrastructure and a diverse range of gas supply sourcesThis winter we forecast 23% more daily capacity than peak demand. We are well placed to manage gas supply risks and any wholesale price impacts.

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