# Britain’s National Grid expects to meet electricity demand this winter Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2023-06-15 Category: NEWS Category URL: https://financedigest.com/category/news Meta Title: Britain's National Grid Prepares for Winter Electricity Meta Description: Britain's National Grid anticipates having adequate capacity to meet electricity demand this winter, despite ongoing supply risks post Russia's URL: https://financedigest.com/britains-national-grid-expects-to-meet-electricity-demand-this-winterhtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/2023-06-15t074706z1lynxmpej5e07rrtroptp4global-energy-1736813878412-compressed.jpg) # Britain’s National Grid expects to meet electricity demand this winter By Marwa Rashad LONDON (Reuters) -Britain’s National Grid expects to have enough capacity to meet demand for electricity this winter and will keep exploring additional options amid continued supply risks following Russia’s invasion of Ukraine, it said on Thursday. Despite disruption to gas flows from Russia because of the war in Ukraine, Europe and Britain have ended the winter with a record volume of gas in storage, thanks to a mild winter, demand reduction and increased imports of liquefied natural gas (LNG). This means less refilling will be needed ahead of next winter, with storage [expected to be full](https://www.financedigest.com/taylor-wimpey-expects-full-year-profits-to-halve-amid-housing-gloom.html "Taylor Wimpey expects full-year profits to halve amid housing gloom") by August/September. In its early winter outlook, National Grid’s Electricity System Operator (ESO) projected a “base case” margin of 4.8 gigawatts, or around 8% of expected demand during a cold spell. That is slightly higher than the estimate this time last year, but broadly in line with margins in previous winters. “We expect there to be sufficient operational surplus in our Base Case throughout winter,” ESO said in the report. In light of the continued [risks and uncertainties relating](https://www.financedigest.com/aonponemon-report-almost-four-times-more-budget-is-being-spent-on-property-related-risks-vs-cyber-risk.html "Aon/Ponemon report: Almost four times more budget is being spent on property related risks vs. cyber risk") to the Russian invasion of Ukraine the ESO continues to explore the potential availability of additional operational options,” it added. Gas-fired power plants were responsible for more than 40% of Britain’s electricity production last year, while the fossil fuel is also used to heat around 80% of British homes. In a separate report, Britain’s National Gas Transmission company said on Thursday its forecast for an 8% reduction in local distribution zone (LDZ) demand, which mostly reflects heating demand, due to high energy prices was not expected to [change and was set](https://www.financedigest.com/eurozone-equity-rally-remains-on-but-ecb-set-to-change-monetary-policys-direction-of-travel.html "Eurozone equity rally remains on – but ECB set to change monetary policy’s direction of travel") to continue at similar levels to last winter. It also said that total [demand for power generation would continue to decrease slightly as more renewables come](https://www.financedigest.com/high-demand-for-new-homes-coming-soon-to-south-oxhey.html "High Demand For New Homes Coming Soon To South Oxhey ") online. Interconnector flows to Europe are expected to be higher than average, but less than last winter given there is likely to be additional [LNG import capability in Europe](https://www.financedigest.com/uniper-chief-says-flexible-duration-lng-contracts-key-for-europe.html "Uniper chief says flexible duration LNG contracts key for Europe"). High levels of LNG supply are expected to continue, enabling exports to continental Europe at times of low demand in Britain. (Reporting by Marwa Rashad; Editing by Emelia Sithole-Matarise and Mark Potter) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---