Gas-storage capacity in the UK has been severely lacking and the country has among the lowest volumes of gas in storage in Europe. This means that consumers have been particularly hard hit by recent wholesale price rises as lower-priced gas cannot be stored for future use.
Centrica has brought its Rough gas-storage facility in the North Sea up to 20 per cent of its previous capacity and has made its first injection of gas into the site in over five years.
Despite being nowhere full capacity, this immediately makes Rough the UK’s largest gas-storage site once again and adds 50 per cent to the UK’s total gas-storage volume, the firm said.
Image credit: Centrica
It hopes that Rough will help to balance the UK’s gas market, injecting gas into the facility when prices are low and putting that...