electricity <\/strong>than it exports during the colder months, with European supply conditions likely to increase costs. According to the National Energy System Operator (Neso), electricity supplies should remain sufficient to meet winter demand, although tighter conditions across neighbouring markets could make imports more expensive.<\/p>\n\n\n\nSummer heatwaves have affected European electricity generation. Lower river levels reduced French nuclear output, while Norway\u2019s hydroelectric reserves have remained below their 10-year minimum since late July.<\/p>\n\n\n\n
Figures from the Office for National Statistics show that Britain spent a record \u00a34 billion on electricity imports during the year ending in August. Approximately half of that expenditure went towards electricity purchased from France.<\/p>\n\n\n\n
Domestic grid constraints have also increased costs. Gas-fired power stations received near-record payments to generate electricity, while wind and solar installations were paid to stop producing power because of network bottlenecks.<\/p>\n\n\n\n
While increased renewable energy generation is expected to reduce Britain\u2019s overall reliance on gas-fired power stations this winter, gas demand during periods of extreme pressure on electricity supplies could be 7% higher than previously estimated.<\/p>\n\n\n\n
National Gas has consequently raised its estimates for gas demand during extreme electricity supply scenarios. Glenn Bryn-Jacobsen<\/strong>, a director at National Gas, said these combined pressures had resulted in \u201ctighter supply margins during periods of high demand and system stress\u201d. The forecasts nevertheless indicate that Britain should have enough energy to meet demand throughout winter, albeit at potentially higher prices.<\/p>\n","protected":false},"excerpt":{"rendered":"Britain is expected to face some of Europe\u2019s highest energy costs this winter as its dependence on imported gas and electricity increases. Official forecasts indicate that supplies will meet demand, but securing them could prove expensive.<\/p>\n","protected":false},"author":10,"featured_media":127470,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-127466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/127466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/comments?post=127466"}],"version-history":[{"count":2,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/127466\/revisions"}],"predecessor-version":[{"id":127471,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/127466\/revisions\/127471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media\/127470"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media?parent=127466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/categories?post=127466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/tags?post=127466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}