Gas demands set to fall in 2009


22.05.09 Gas demands set to fall in 2009

We can blame the recession for pretty much everything these days and that’s exactly what the gas industry in the UK is doing when it comes to demands this year. Last year saw the beginning of a rather worrying slump in demands for gas, according to the National Grid. Over the winter months of 08/09 the demand fell by around 4%, even though it was a particularly chilly winter. People struggled to pay their bills but they seemed to put on another jumper rather than turn the heating up. Money was recovered from exports into Europe, but there are worries that the gas industry is in peril as forecasts - again by the National Grid - show this summer could see a 6% drop in demands.

This figure relates to non-daily metered gas. This is the energy that we use in our homes and in small businesses. The demand for gas in large industries has also dropped by around 6% in the last year. The biggest question of all is whether or not the reason for the slump is a knock-on effect of the recession or whether it’s simply people’s attitudes towards gas, as a source of energy, changing.

The interesting statistic to come from this examination by the National Grid was that electricity supplies have risen and are set to increase this summer. This could mean demands vastly outweigh that of gas. Repairs to the nuclear power stations this year might have something to do with this, but it might also be telling us that gas is on the way out.

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