Security of Gas Supply: Report, Together with Formal Minutes and Oral Evidence
- ISBN-10
- 0215026608
- ISBN-13
- 9780215026606
- Category
- Gas companies
- Pages
- 34
- Language
- English
- Published
- 2005
- Publisher
- The Stationery Office
- Author
- Great Britain. Parliament. House of Commons. Trade and Industry Committee
Description
The background to this report, is an earlier report from the Trade and Industry Committee (HCP 279, session 2004-05, Fuel Prices, ISBN 0215024990), which examined the price increases in gas supply, during the summer and autumn of 2004, and the resulting rises in electricity prices (as about 40 per cent of electricity generation in England and Wales is gas-fired), and focused on the effects of the price increases on all types of energy customers. This report looks at the developments since that time, and sets out some conclusions and recommendations. It does seem that gas supplies this coming winter are likely to be tighter than was anticipated in February of 2005. Import rates of gas have increased due to the effects of the hurricanes in the Gulf of Mexico and the uncertainty about the extent and duration of the damage to the USAs gas production facilities with resulting unpredictability of demands for natural gas imports to the USA. The Committee states that it is extremely unlikely that domestic customers and the majority of businesses will suffer, but that the Government needs to pay close attention to any potential changes to this situation, and should pursue, in the Committees view, a single market within the EU. The Committee expresses disappointment that little progress has been made in dealing with the plight of some non-elderly vulnerable groups, in particular, disabled people. Although, the Government cannot directly affect the price of gas, the Committee believes it can ensure that there are no regulatory or economic barriers to maximizing gas suppliers and storage facilities, and further improving the functioning of the gas market by encouraging the energy liberalization in the European Union.
Get the book
Similar books
-
Security of Natural Gas Supply through Transit Countries
By Jens Hetland, Teimuraz GochitashviliThe purpose of this book is to address opportunities extended from science and research pertaining to the exploitation and international trading of natural gas that involves transit countries.
-
Security of Gas Supply in South Eastern Europe: Potential Contribution of Planned Pipelines, LNG and Storage
By Oxford Institute for Energy Studies, Anastasios Giamouridis, Spiros PaleoyannisSecurity of Gas Supply in South Eastern Europe: Potential Contribution of Planned Pipelines, LNG and Storage
-
Security of Natural Gas Supply through Transit Countries
By Jens Hetland, Teimuraz GochitashviliThe purpose of this book is to address opportunities extended from science and research pertaining to the exploitation and international trading of natural gas that involves transit countries.
-
Security of Gas Supply in Open Markets: LNG and Power at a Turning Point
By International Energy AgencyOver the last decade, many IEA member countries have opened their energy markets to competition, with governments progressively withdrawing from direct management of the gas sector and focusing on establishing...
-
Security of Energy Supply in Europe: Natural Gas, Nuclear and Hydrogen
By William J. Nuttall, Jean-Michel Glachant, François LévêqueThe book opens with an extensive exploration of the very definition of supply security and moves beyond sector-specific debates to highlight the political sensitivity surrounding energy security.
-
The Security of Energy Supply in the European Union
By Jean-Arnold VinoisThis book examines the latest developments of the European Union's energy policy and, particularly, the way security of its energy supply is taken into account and handled.
-
Europe's Energy Security: Options and Challenges to Natural Gas Supply Diversification
By Michael RatnerEurope's Energy Security: Options and Challenges to Natural Gas Supply Diversification
-
Statutory Security of Supply Report
By Great Britain: Department of Energy and Climate Change, Great Britain: Office of Gas and Electricity MarketsThis is the second annual report of this title previously known as Energy markets outlook]. This is a technical report focusing on gas and electricity.
-
Long-term Energy Security Risks for Europe: A Sector-specific Approach
By Christian Egenhofer, Arno Behrens, Arianna ChecchiThe EU should therefore encourage massive investment in CCS technologies as well as further research and cooperation in this field. The planned CCS demonstration projects are indeed a good start. The indigenous nature of nuclear energy, ...
-
A New Architecture for EU Gas Security of Supply
By Jean-Michel Glachant, Manfred Hafner, Simone TagliapietraHow should European institutions and regulations adapt and respond? What tools are available to secure the gas supply? This book feeds these questions by taking stock of today's EU gas security-of-supply governance.