The UK government shows no sign of incentivising the creation of more gas storage capacity, despite calls to provide financial support for new projects after Centrica’s ageing Rough facility was shut down in 2017.
A UK parliamentary committee published evidence on 31 October on whether the country needed new storage capacity. It included submissions from consultants, transmission system operator (TSO) National Grid, energy-intensive industries, gas storage operators and the Department of Business, Energy and Industrial Strategy (BEIS).
The BEIS insisted that...
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