National Grid warns UK gas supplies could run out

The National Grid issued a gas deficit warning on 1 March as supply slipped 48 million cubic metres short of demand.

“National gas demand today is high and due to the extreme weather conditions, there have been gas supply losses overnight,” the operator said in a statement. “At 5.45am this morning we issued a ‘Gas Deficit Warning’ to the market.

“This is an indication to the market that we’d like more gas to be made available to ensure the safe and reliable operation of the national gas network. We are in communication with industry partners and are closely monitoring the situation.”

The announcement comes as blizzard conditions forced the Met Office to issue two red weather alerts.

Stuart Fegan, GMB National Officer for Energy, said: “When the National Grid issues a worrying gas warning like this – you know things are serious.

“When the supply is low, energy companies will inevitably hike prices to make a quick buck – so we all suffer.

“Gas heats 85% of UK homes and provides nearly half of our electricity and we need to make sure our supply is safe, secure, and in our own hands.

“In the real world gas is going to be needed to heat our homes for a long time to come whilst we transition to a low carbon economy.

“Our government needs to wake up to the reality that an urgent inquiry in costly gas price hikes caused by interrupted supply is needed.”

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