![]() Russia has slashed its gas supplies to Europe this year and while Russia only meets about 4% of Britain's gas needs, a disruption in supply to Europe has contributed to driving up British prices and makes it harder for Britain to secure gas from others. Three-hour power shortagesĬountries across Europe are drawing up winter contingency plans against the disruption of flows of gas from Russia because of the war in Ukraine, which could lead to rationing and a curb in exports of energy to other countries.Ī shortage of gas in Europe, as well as maintenance issues with several French nuclear power plants, have raised the risk Britain could be unable to secure the gas it needs or the imports of electricity it typically receives from countries such as France, Belgium and Netherlands. The prospect of power cuts comes as Prime Minister Liz Truss on Thursday wrote an op-ed in the Times newspaper calling on Europe to keep energy exports flowing during the winter, and is likely to heap further pressure on the government after she previous ruled out energy rationing in Britain. "To strengthen this position further, we have put plans in place to secure supply and National Grid, working alongside energy suppliers and Ofgem, will launch a voluntary service to reward users who reduce demand at peak times."īritain could face planned power cuts to homes and businesses this winter if it is unable to import electricity from Europe and it struggles to attract enough gas imports to fuel its gas-fired power plants, Britain's National Grid warned on Thursday. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower ![]() ![]() Best Debt Consolidation Loans for Bad Credit
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