PARLIAMENTARY WRITTEN QUESTION
Natural Gas: Storage (30 June 2017)

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the merits of seasonal gas storage facilities in obtaining greater price stability for energy-intensive users of gas.

Asked by:
Gareth Snell (Labour)

A report published in 2013 by Redpoint, commissioned by DECC, looked at the merits of various interventions in the gas market, including new gas storage facilities. This report can be found at:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/236757/DECC_FI_Final_report_09072013.pdf

I refer the Hon Member to my answer to his previous question 1604 which notes that the UK continues to enjoy highly diverse and flexible gas supplies.

Answered by:
Lord Harrington of Watford (Non-affiliated)
10 July 2017