Households warn of power outages if temperatures drop again
Investor Goldman Sachs said if a cold snap occurs in the region, demand for gas could soar and affect supply, meaning a potential blackout.
Although stockpiles are now sufficient, bad weather could cause supply to drop below the lows seen in 2018. Sky News report.
It happened when the British were preparing for a -7C arctic blast hits nationsevere frost and even snow in some areas next week.
The bank also said gas prices could double if Russia increases gas supplies to Northwestern Europe.
However, other experts warn that Russia may decide to limit the flow of natural gas and gasoline into Europe as tensions between it and Ukraine increase.
Should Russia Invade Ukraine?gas supplies into Europe could decline gradually, impacting supply and increasing prices.
Although only 3% of the UK’s gas comes from Russia, compared with 35% that Europe as a whole, households have been warned they could feel the impact.
https://www.thesun.co.uk/news/17296393/uk-weather-snow-forecast-today-met-office-storm-london/ UK snow weather forecast – EXACT snow day REVIEWED as Met Office warns ‘severe frost’ to come before Arctic blast