Gas takes the Lion's Share

24 December 2008

Some interesting figures and statistics emerged from the Department of Energy and Climate Change (DECC) Energy Trends report published this week - increased power demand, improved efficiencies and record fuel percentage shares.

Some interesting figures and statistics emerged in the Energy Trends Report published by the Department of Energy and Climate Change (DECC). Total electricity supplied in Q3 08 was at 86.87TWh - up 1.2% on the previous year while total fuel used in the quarter was down 2.2%. Gas' share of the generation mix hit a record high at 50.3% (up over 8% and a total of 97.82TWh of gas over the quarter). This is obviously on the back of the introduction of the EU's Large Combustion Plant Directive which restricts generation of those coal plants that have opted out as well as the narrowing spread between gas and coal prices over the period. A fall of 2.4% in industrial consumption was offset by stronger domestic demand on the back of the cool September - overall electricity consumption was therefore only 0.6% down on the previous year. The report suggests that average Industrial power prices were up 24.2% (including Climate Change Levy - CCL) year on year. Demand for gas in the agricultural and commerce sector was down 13.6% while Industrial demand was down 13.4%. Average Industrial gas prices were up by 67.7% in real terms including CCL.


Gas  Generation  Industry 

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