The Dutch government has announced that it will cut production at the Groningen gas field to 12 billion cubic metres (bcm) per year by 2022, with extraction at the site completely halted by 2030.
Take a look at our Energy Market Analysis from the end of February and into March, and perhaps not surprisingly, freezing temperatures were among the key topics of discussion.
Businesses must upgrade their gas and electricity meters to either an automated (AMR) or smart meter by 2020 as part of the Smart Meter Rollout programme. The upgrade will allow business owners to be more in control of their energy usage, helping the UK work towards a smarter, more efficient and environmentally-friendly energy network.
The UK grid operator has asked for ‘national policy clarity’ in order to support the industry and promote clean growth. The Future of Gas report highlights how gas could be used to provide low carbon heat, transport and industry if clear policies are outlined. It asks for the government to provide direction so gas can “play a crucial role for many decades to come” by decarbonising infrastructure so it can adhere to the nation’s environmental targets.